Janus reported fourth-quarter earnings Wednesday of $18.2 million, or 8 cents a diluted share, down 98% from $811.7 million, or $3.51 a diluted share, a year earlier.

Excluding special one-time adjusted items, Janus said its earnings for the fourth quarter would have been $28.8 million, or 13 cents a share, down 46% from $53.3 million, or 23 cents a share, in the fourth quarter a year earlier.

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