ManTech International Corp. Announces 12% Advance In Q1 Profit

(RTTNews) - ManTech International Corp. (MANT) reported a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $13.22 million, or $0.35 per share. This was higher than $11.76 million, or $0.31 per share, in last year's first quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.5% to $390.66 million. This was up from $370.33 million last year.

ManTech International Corp. earnings at a glance:

-Earnings (Q1): $13.22 Mln. vs. $11.76 Mln. last year. -Earnings Growth (Y-o-Y): 12.4% -EPS (Q1): $0.35 vs. $0.31 last year. -EPS Growth (Y-o-Y): 12.9% -Analysts Estimate: $0.31 -Revenue (Q1): $390.66 Mln vs. $370.33 Mln last year. -Revenue Change (Y-o-Y): 5.5%

-Guidance: Full year EPS guidance: $1.38 - $1.47 Full year revenue guidance: $1.575 - $1.675 Bln