secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001564590-22-027788
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000156459022027788/0001564590-22-027788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000156459022027788/hnna-8k_20220803.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-027788

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