Hennessy Advisors, Inc. Announces Earnings Results for the First Quarter Ended December 31, 2012; Declares Quarterly Dividend, Payable on February 25, 2013
January 17, 2013 at 10:17 pm
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Hennessy Advisors, Inc. announced earnings results for the first quarter ended December 31, 2012. For the quarter, the company reported total reveneus of $4,703,012 compared with $1,716,910 for the same period a year ago. Net income was $767,995 or $0.13 per diluted share compared with $152,267 or $0.03 per diluted share for the same period a year ago.
The board of directors declared a quarterly dividend of $0.03125 per share to be paid on February 25, 2013 to shareholders of record as of February 1, 2013.
Hennessy Advisors, Inc. is an investment management company. The Company provides investment advisory services to 16 open-end mutual funds and one exchange-traded fund (ETF) branded as the Hennessy Funds. The Company serves as the investment advisor to all classes of the Hennessy Cornerstone Growth Fund, the Hennessy Focus Fund, the Hennessy Cornerstone Mid Cap 30 Fund, the Hennessy Cornerstone Large Growth Fund, the Hennessy Cornerstone Value Fund, the Hennessy Total Return Fund, the Hennessy Equity and Income Fund, the Hennessy Balanced Fund, the Hennessy Energy Transition Fund, the Hennessy Midstream Fund, the Hennessy Gas Utility Fund, the Hennessy Japan Fund, the Hennessy Japan Small Cap Fund, the Hennessy Large Cap Financial Fund, the Hennessy Small Cap Financial Fund, and the Hennessy Technology Fund (collectively, the Hennessy Mutual Funds), as well as to the Hennessy Stance ESG ETF. The Company also provides shareholder services to investors in the Hennessy Mutual Funds.
Hennessy Advisors, Inc. Announces Earnings Results for the First Quarter Ended December 31, 2012; Declares Quarterly Dividend, Payable on February 25, 2013