Manhattan Associates Q2 Earnings Rise 28%

(RTTNews) - Manhattan Associates (MANH) released a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line climbed to $35.61 million, or $0.49 per share. This was up from $27.73 million, or $0.37 per share, in last year's second quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.3% to $154.89 million. This was up from $139.11 million last year.

Manhattan Associates earnings at a glance:

-Earnings (Q2): $35.61 Mln. vs. $27.73 Mln. last year. -Earnings Growth (Y-o-Y): 28.4% -EPS (Q2): $0.49 vs. $0.37 last year. -EPS Growth (Y-o-Y): 32.4% -Analysts Estimate: $0.44 -Revenue (Q2): $154.89 Mln vs. $139.11 Mln last year. -Revenue Change (Y-o-Y): 11.3%

-Guidance: Full year EPS guidance: $1.78 - $1.81 Full year revenue guidance: $615 - $620 Mln