Manning & Napier (MN) Tops Q3 EPS by 1c

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Manning & Napier, Inc. Reports Third Quarter 2018 Earnings Results

October 30, 2018 4:05 PM EDT

FAIRPORT, N.Y., Oct. 30, 2018 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported 2018 third quarter results for the period ended September 30, 2018.

Summary Highlights

Assets under management ("AUM") at September 30, 2018 were $23.1 billion, compared to $22.8 billion at June 30, 2018 Revenue for the third quarter was $40.5 million, a decrease of 1% from second quarter revenue of $41.1 million Third quarter income before taxes was $5.3 million; the net income attributable to Manning & Napier, Inc. for the third quarter was $0.8 million, or $0.05 per... More