Hennessy Advisors Reports Q1 Earnings of $2.8 Million

NOVATO, Calif. - Hennessy Advisors Inc. (HNNA) reported a net income of $2.8 million for the first quarter of its fiscal year on Thursday.

The Novato, California-based company's earnings per share stood at 36 cents. Revenue for the quarter amounted to $9.7 million.