earnings
confidence high
sentiment positive
materiality 0.65
Hennessy Advisors Q3 EPS $0.26, up 73% YoY; revenue $7.8M, up 37%; dividend $0.1375
HENNESSY ADVISORS INC
2024-Q3 EPS reported
$0.62
revenue$20,868,000
- Fully diluted EPS of $0.26 vs $0.15 YoY, a 73% increase; net income $2.0M, up 82%.
- Total revenue $7.8M, up 37% from $5.7M; average AUM $3.9B, up 37%.
- Total AUM $4.0B as of June 30, 2024, up 36% YoY; 9-month growth from acquisitions $72M, inflows $364M, performance $560M.
- Quarterly dividend of $0.1375 per share, payable Sept 5, 2024 to holders of record Aug 22; annualized yield 6.6%.
- Cash net of debt $21.8M, up 14% YoY.