Manhattan Associates Results Top Estimate; Lifts FY Guidance - Quick Facts

(RTTNews) - Manhattan Associates Inc (MANH), a provider of supply chain commerce solutions, Tuesday reported third-quarter net earnings of $22.3 million or $0.30 per share compared with $19.7 million or $0.25 per share last year.

Excluding items, adjusted earnings for the quarter were $0.32 per share.

Revenues for the quarter were $125.6 million compared with $107.8 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.29 per share on revenues of about $122 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the full year, the now company expects adjusted earnings of $1.13 to $1.15 per share on revenues of $479 million to $481 million. It earlier expected earnings of $1.10 to $1.12 per share on revenues of $472 million to $477 million.

Analysts expect earnings of $1.12 per share on revenues of $475.4 million.