NOVATO, Calif. (AP) _ Hennessy Advisors Inc. (HNNA) on Thursday reported fiscal second-quarter net income of $2 million.

On a per-share basis, the Novato, California-based company said it had net income of 27 cents.

The investment manager posted revenue of $8.9 million in the period.

Hennessy Advisors shares have fallen 30% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.03, a decline of 27% 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 HNNA at https://www.zacks.com/ap/HNNA

Automated Insights, source Associated Press News