Manning & Napier, Inc to Report Second Quarter Results; Announces June 30, 2021 Assets Under Management prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported preliminary assets under management ("AUM") as of May.
/PRNewswire/ Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported preliminary assets under management ("AUM") as of April.
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FAIRPORT, N.Y., April 28, 2021 /PRNewswire/
Manning & Napier, Inc. (NYSE: MN), ( Manning & Napier or the Company ) today reported 2021 first quarter results for the period ended March 31, 2021.
Summary Highlights
Assets under management ( AUM ) at March 31, 2021 were $21.1 billion, compared to $20.1 billion at December 31, 2020
Revenue for the first quarter was $34.2 million, an increase of 10% from the first quarter of 2020 and an increase of 2% from the fourth quarter of 2020
First quarter income before taxes was $6.7 million; the net income attributable to Manning & Napier, Inc. for the first quarter was $5.2 million, or $0.26 per diluted share
On a non-GAAP basis, as defined in the Non-GAAP Financial Measures section below, economic net income for the first quarter was $6.7 million, or $0.29 per adjusted share
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FAIRPORT, N.Y., April 15, 2021 /PRNewswire/
Manning & Napier, Inc. (NYSE: MN), ( Manning & Napier or the Company ) today announced that its shareholder rights agreement (the Agreement ) expired in accordance with its terms on April 14, 2021. Shareholders are not required, nor do they need to take any action because of the termination of this shareholder rights agreement.
In connection with the expiration of the Agreement, the Company will take routine steps to voluntarily de-register the related preferred stock purchase rights under the Securities Exchange Act of 1934, as amended (the Exchange Act ). The Company has not arranged for listing or registration on another national securities exchange or quotation for the preferred stock purchase rights, because such rights have terminated.