---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-027788"
form_type: "8-K"
ticker: "HNNA"
cik: "0001145255"
company_name: "HENNESSY ADVISORS INC"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T04:52:30.258157+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hennessy Advisors Q3 revenue down 19%, EPS down 43%; declares dividend, expands buyback

## Summary
- Revenue $6.9M (-19% YoY); net income $1.3M (-42%); diluted EPS $0.17 (-43%).
- Average AUM $3.4B (-17%); total AUM $3.2B (-23%).
- Cash net of debt $17.2M (+23%); dividend $0.1375/share (5.3% yield) payable Aug 31.
- Stock buyback authorized increased to 2M total shares; 1.1M remain available.

## SEC filing metadata
- accession: 0001564590-22-027788
- form_type: 8-K
- ticker: HNNA
- cik: 0001145255
- company_name: HENNESSY ADVISORS INC
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145255/000156459022027788/0001564590-22-027788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145255/000156459022027788/hnna-8k_20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-027788
- JSON: https://secwatch.observer/filing/0001564590-22-027788.json
- Plain text: https://secwatch.observer/filing/0001564590-22-027788.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.