BOSTON (AP) — BOSTON (AP) — BrightSphere Investment Group (BSIG) on Thursday reported third-quarter net income of $19.6 million.

The Boston-based company said it had profit of 46 cents per share. Earnings, adjusted for non-recurring gains, were 45 cents per share.

The asset manager posted revenue of $107.3 million in the period.

BrightSphere Investment Group shares have dropped 24% since the beginning of the year. The stock has fallen 18% in the last 12 months.

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