Manhattan Associates Q4 Profit Rises - Quick Facts

(RTTNews) - Manhattan Associates, Inc. (MANH) reported that its fourth-quarter net income increased to $16.85 million or $0.22 per share, from $12.47 million or $0.16 per share, prior year. On a post stock split adjusted basis, non-GAAP adjusted earnings per share for the fourth quarter ended December 31, 2013 was $0.24.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased year-over-year to $107.60 million, from $95.36 million. Analysts expected revenue of $103.36 million for the quarter.

Manhattan Associates expects full year 2014: GAAP earnings per share-post stock split of $0.94 to $0.96; adjusted earnings per share- post stock split of $1.01 to $1.03; and total revenue in the range of $450 million to $455 million. Analysts expect the company to report full year 2014 earnings per share of $1.01 on revenue of $448.30 million.