Manning & Napier (MN) Misses Q4 EPS by 1c, Revenues Miss
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Manning & Napier, Inc. Reports Fourth Quarter and Full Year 2018 Earnings Results
February 5, 2019 4:05 PM ESTFAIRPORT, N.Y., Feb. 5, 2019 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported 2018 fourth quarter and full year results for the period ended December 31, 2018.
Summary Highlights
Assets under management ("AUM") at December 31, 2018 were $20.2 billion, compared to $23.1 billion at September 30, 2018 Revenue for the fourth quarter was $37.4 million, a decrease of 18% and 8% from the fourth quarter of 2017 and third quarter of 2018, respectively Fourth quarter income before taxes was $5.9 million; the net income attributable to Manning & Napier, Inc. for... More