MN - Manning & Napier GAAP EPS of $0.11 revenue of $33.8M
- Manning & Napier press release ( NYSE: MN ): Q2 GAAP EPS of $0.11.
- Revenue of $33.8M (-6.3% Y/Y).
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"Broad and significant declines across capital markets globally continued in the second quarter, pressuring revenues and causing mark-to-market declines in securities held on the balance sheet," commented Marc Mayer, Chairman of the Board and Chief Executive Officer of Manning & Napier. "We are managing our expenses thoughtfully and we are entirely focused on delivering excellent results and superior service for our clients. We are progressing toward the completion of our previously announced process of going private and being acquired by Callodine Group, and we look forward to embarking on this next phase at Manning & Napier."
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Manning & Napier GAAP EPS of $0.11, revenue of $33.8M