Manhattan Associates Q3 Income Advances 31%

(RTTNews) - Manhattan Associates (MANH) announced a profit for its third quarter that gained ground from last year.

The company said its bottom line advanced to $31.30 million, or $0.42 per share. This was up from $23.82 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.3% to $142.30 million. This was up from $125.61 million last year.

Manhattan Associates earnings at a glance:

-Earnings (Q3): $31.30 Mln. vs. $23.82 Mln. last year. -Earnings Growth (Y-o-Y): 31.4% -EPS (Q3): $0.42 vs. $0.32 last year. -EPS Growth (Y-o-Y): 31.2% -Analysts Estimate: $0.36 -Revenue (Q3): $142.30 Mln vs. $125.61 Mln last year. -Revenue Change (Y-o-Y): 13.3%

-Guidance: Full year EPS guidance: $1.47 - $1.49 Full year revenue guidance: $553 - $558 Mln