BOSTON (AP) _ BrightSphere Investment Group (BSIG) on Thursday reported third-quarter profit of $17.8 million.

On a per-share basis, the Boston-based company said it had profit of 42 cents. Earnings, adjusted for non-recurring gains, came to 30 cents per share.

The asset manager posted revenue of $86.8 million in the period.

BrightSphere Investment Group shares have dropped 28% since the beginning of the year. The stock has dropped 39% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSIG at https://www.zacks.com/ap/BSIG

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