Hennessy Advisors Q2 EPS up 65% to $0.33; revenue +34% to $9.3M; declares $0.1375 dividend

HENNESSY ADVISORS INC

2024-Q2 EPS reported $0.69 revenue$18,984,000

Diluted EPS of $0.33 vs $0.20 a year ago (+65%); net income $2.6M (+68%).
Total revenue $9.3M, up 34% on average AUM of $4.7B (+37% YoY).
Quarterly dividend of $0.1375/share payable June 4, 2025 to holders of record May 20.
Signed definitive agreement with STF Management, LP to expand ETF offerings.
Cash and equivalents net of debt at $27.3M, up 41% from last year.

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