secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001437749-23-021660
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors: Q3 revenue $5.7M (-18%), EPS $0.15 (-12%); declares $0.1375 dividend
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- Revenue $5.7M down 18% YoY; net income $1.1M down 14%; diluted EPS $0.15 down 12%.
- Average AUM $2.85B down 17% YoY; total AUM $3.0B down 6%.
- Cash net of debt $19.1M up 11% YoY.
- Quarterly dividend $0.1375/share payable Sep 6, record Aug 23; annualized yield 7.8%.
- Pending acquisition of CCM Equity Fund assets (shareholder vote) to merge into Hennessy Stance ESG ETF.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923021660/0001437749-23-021660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923021660/hnna20230731_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-021660

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer