earnings
confidence high
sentiment negative
materiality 0.65
Hennessy Advisors Q2 net income down 15% YoY; declares $0.1375 dividend
HENNESSY ADVISORS INC
2022-Q2 EPS reported
$0.46
revenue$16,279,000
- Revenue $7.7M (-2.4%), net income $1.6M (-15%), EPS $0.21 (-19.2%).
- Average AUM $3.8B (-2.3%); total AUM $3.8B (-5.5%).
- Cash net of debt $15.6M (+36% YoY); nearly $56M total cash.
- Quarterly dividend $0.1375/share (annualized $0.55), payable June 2, record May 23.
- Management cites pandemic, inflation, Ukraine war, market volatility as headwinds.