Manning & Napier (MN) Misses Q3 EPS by 2c
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Manning & Napier, Inc. Reports Third Quarter 2015 Earnings Results
October 28, 2015 4:05 PM EDTFAIRPORT, N.Y.--(BUSINESS WIRE)-- Manning & Napier, Inc. (NYSE: MN), (Manning & Napier or the Company) today reported 2015 third quarter results for the period ended September 30, 2015.
Summary Highlights
Economic net income, a non-GAAP measure, was $17.3 million, or $0.21 per adjusted share Third quarter income before taxes was $24.7 million, inclusive of a one-time non-operating expense of $2.8 million for a change in amounts payable under the tax receivable agreement Assets under management ("AUM") at September 30, 2015 were $37.2 billion, compared with $43.1 billion at June 30, 2015 Revenue... More