Highest-materiality recent filing
Hennessy Advisors Q3 revenue up 4% to $8.4M; EPS down 4% to $0.25; declares $0.15 dividend
Revenue $8.39M (+4% YoY); net income $2.0M (-6%) due to early debt redemption costs.
Hennessy Advisors redeems all $40.25M of 4.875% notes due 2026 on June 30
Full redemption of $40.25M outstanding principal of 4.875% notes (HNNAZ) on June 30, 2026.
Hennessy Advisors Q2 revenue $8.1M (-12%), EPS $0.24 (-27%), declares $0.15 dividend
Revenue $8.1M, down 12% YoY; net income $1.9M, down 26%.
Hennessy Advisors holds annual meeting; all director nominees elected, say-on-pay approved
All eight director nominees elected with >4.2M votes each; broker non-votes ~1.68M.
Hennessy Advisors Q1 EPS $0.24 down 33%; revenue $8.3M down 14%; raises dividend to $0.15
Revenue of $8.3M (-14% YoY); net income $1.9M (-32%); diluted EPS $0.24 (-33%).
Hennessy Advisors FY2025 EPS up 38% to $1.27; revenue rises 20% to $35.5M
Net income of $10.0M, up 40% YoY; diluted EPS $1.27 vs $0.92.
Hennessy Advisors declares $0.1375 quarterly dividend, payable Nov 26
Quarterly cash dividend of $0.1375 per share on common stock.
Hennessy Advisors Q3 revenue $8.1M (+4%), net income $2.1M (+5%), declares $0.1375 dividend
Revenue $8.1M (+4% YoY), net income $2.1M (+5%), diluted EPS $0.26 (unchanged).
Hennessy Advisors Q2 EPS up 65% to $0.33; revenue +34% to $9.3M; declares $0.1375 dividend
Diluted EPS of $0.33 vs $0.20 a year ago (+65%); net income $2.6M (+68%).
Hennessy Advisors to acquire management of two STF ETFs with $220M in combined assets
Definitive agreement to buy assets of STF Tactical Growth ETF (TUG) and STF Tactical Growth & Income ETF (TUGN); combined assets ~$220M.
Hennessy Advisors reports annual meeting results; all directors elected
All eight director nominees elected with votes ranging from 4,040,835 to 4,401,921 For; broker non-votes 1,454,998.
Hennessy Advisors Q1 EPS $0.36, up 125%; revenue $9.7M, up 58%
Diluted EPS $0.36 vs $0.16 YoY; net income $2.8M, up 136%.
Hennessy Advisors replaces Marcum with CBIZ as auditor after Marcum declines reelection
Marcum LLP notified Hennessy on Dec 10, 2024 it would not stand for reelection as auditor.
Hennessy Advisors FY2024 EPS up 46% to $0.92; revenue $29.6M (+23%)
Diluted EPS $0.92 vs $0.63 prior year; net income $7.1M, up 49%.
Hennessy Advisors declares $0.1375 quarterly dividend, 5.28% annualized yield
Quarterly dividend of $0.1375/share payable Nov 27, 2024; record date Nov 14, 2024.
Hennessy Advisors reduces CEO bonus to 5% of profits; raises President Nilsen's bonus and salary
CEO Neil Hennessy's quarterly bonus reduced from 6.5% to 5.0% of adjusted pre-tax profit effective Oct 1, 2024.
Hennessy Advisors Q3 EPS $0.26, up 73% YoY; revenue $7.8M, up 37%; dividend $0.1375
Fully diluted EPS of $0.26 vs $0.15 YoY, a 73% increase; net income $2.0M, up 82%.
Hennessy Advisors Q2 EPS up 25% to $0.20; revenue up 17% to $6.9M; declares $0.1375 dividend
Net income $1.5M, up 29% YoY; diluted EPS $0.20 vs $0.16.
Hennessy Advisors completes acquisition of CCM Core Impact Equity Fund assets (~$60M)
Acquisition closed Feb 23, 2024; includes ~$60M in assets under management.
All 8 director nominees elected; votes for ranged from ~3.86M to ~4.10M, with broker non-votes ~1.17M.
Hennessy Advisors Q1 EPS up 7% to $0.16; declares $0.1375 dividend (8.3% yield)
Net income of $1.2M (+7.2% YoY); diluted EPS $0.16 vs $0.15.
Hennessy Advisors FY2023 revenue $24M (-19%), EPS $0.63 (-23%), AUM up 5%
Total revenue $24.0M, down 19% YoY from $29.7M.
Hennessy Advisors closes first CCM fund asset acquisition; second pending shareholder vote
Acquired assets of CCM Small/Mid-Cap Impact Value Fund; fund reorganized into Hennessy Stance ESG ETF.
Hennessy Advisors declares $0.1375 quarterly dividend; 8.47% annualized yield
Dividend of $0.1375 per share payable Nov 27, 2023; record date Nov 13, 2023.
Hennessy Advisors: Q3 revenue $5.7M (-18%), EPS $0.15 (-12%); declares $0.1375 dividend
Revenue $5.7M down 18% YoY; net income $1.1M down 14%; diluted EPS $0.15 down 12%.
Hennessy Advisors Q2 revenue down 24%, EPS down 29%; declares dividend; signs $70M AUM acquisition
Total revenue $5.9M (-24% YoY); net income $1.2M (-26%); diluted EPS $0.15 (-29%).
Hennessy Advisors to acquire CCM equity fund assets (~$70M); close expected in 2023
Acquires assets of CCM Core Impact Equity Fund and CCM Small/Mid-Cap Impact Value Fund with ~$70M in combined AUM.
Hennessy Advisors holds annual meeting; all directors elected, say-on-pay and auditor ratified
All 8 director nominees elected with 3.84M-3.87M votes for; broker non-votes ~1.2M.
Hennessy Advisors Q1 revenue down 28% to $6.1M; EPS $0.15 vs $0.25; dividend $0.1375
Net income $1.1M, down 42% YoY; diluted EPS $0.15, down 40%.
Hennessy Advisors completes $43M acquisition of Stance ESG ETF, its 11th deal
Acquired assets of Stance Equity ESG Large Cap Core ETF (STNC) and reorganized it as Hennessy Stance ESG Large Cap ETF.
Hennessy Advisors FY2022 revenue down 9.4% to $29.7M; EPS falls 23% to $0.82
Net income $6.2M (-21.7% YoY); diluted EPS $0.82 vs $1.07.
Hennessy Advisors appoints Kiera Newton to Board; three directors transition to Advisory Committee
Kiera Newton appointed to Board effective Dec 8, 2022, and named Chair of Audit Committee.
Hennessy Advisors declares $0.1375 quarterly dividend (6.25% annualized yield)
Quarterly dividend of $0.1375 per share ($0.55 annualized) declared.
Hennessy Advisors signs agreement to add $40M Stance ESG ETF, expanding into ETFs
Signed definitive agreement with Stance Capital to manage Stance Equity ESG Large Cap Core ETF (NYSE: STNC) with ~$40M in assets.
Hennessy Advisors Q3 revenue down 19%, EPS down 43%; declares dividend, expands buyback
Revenue $6.9M (-19% YoY); net income $1.3M (-42%); diluted EPS $0.17 (-43%).
Hennessy Advisors Q2 net income down 15% YoY; declares $0.1375 dividend
Revenue $7.7M (-2.4%), net income $1.6M (-15%), EPS $0.21 (-19.2%).
All 10 directors elected at Hennessy Advisors annual meeting; auditor ratified
Neil J. Hennessy re-elected with 3,856,674 votes for, 110,111 withheld.
Hennessy Advisors Q1 EPS up 4% to $0.25; declares $0.1375 quarterly dividend
Revenue $8.5M (+10% YoY); net income $1.9M (+8%); diluted EPS $0.25 (vs $0.24).
Hennessy Advisors adds Lydia Knight-O'Riordan as independent director, board expands to 10
Board elected Lydia Knight-O'Riordan as director effective Dec 1, 2021, filling vacancy created by board expansion to 10 members.
Hennessy Advisors FY2021 EPS $1.07, net income up 0.8%, revenue down 1.9%
Total revenue $32.8M, down 1.9% YoY; net income $7.9M, up 0.8% YoY.
Hennessy Advisors declares $0.1375 quarterly dividend, 17th consecutive year
Quarterly dividend of $0.1375 per share, payable Nov 23, 2021 to shareholders of record Nov 11, 2021.
Completed offering of $40.25M aggregate principal of 4.875% Notes due 2026, including full exercise of underwriters' option for $5.25M.
Hennessy Advisors prices $35M offering of 4.875% notes due 2026
Priced $35M aggregate principal of 4.875% unsecured notes due Dec 31, 2026.
Hennessy Advisors Q3 EPS up 25% to $0.30; revenue rises 24% to $8.5M
Net income $2.2M (+26% YoY); diluted EPS $0.30 (+25% from $0.24).
On December 7, 2022, Hennessy Advisors, Inc. (the “ Company ”) appointed Kiera Newton to the Company’s Board of Directors (the “ Board ”), effective December 8, 2022.
On December 1, 2021, the Board of Directors (the “Board”) of Hennessy Advisors, Inc. (the “Company”) increased the size of the Board to 10 members and elected Lydia Knight-O’Riordan as a director to fill the vacancy on the Board, effective December 1, 2021.
Max materiality 0.80 · Median 0.55 · Most common event earnings