Manning & Napier (MN) Tops Q4 EPS by 1c

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Manning & Napier, Inc. Reports Fourth Quarter and Full Year 2019 Earnings Results

February 5, 2020 4:05 PM EST

FAIRPORT, N.Y., Feb. 5, 2020 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or the "Company") today reported 2019 fourth quarter and full year results for the period ended December 31, 2019.

Summary Highlights

Assets under management ("AUM") at December 31, 2019 were $19.5 billion, compared to $20.5 billion at September 30, 2019 Revenue for the fourth quarter was $32.7 million, a decrease of 13% and 4% from the fourth quarter of 2018 and the third quarter of 2019, respectively Fourth quarter loss before taxes was $3.1 million; the net loss attributable to Manning &... More