Manhattan Associates Q3 Income Advances 14%

(RTTNews) - Manhattan Associates (MANH) released earnings for its third quarter that gained ground from last year.

The company said its bottom line came in at $35.79 million, or $0.50 per share. This was up from $31.31 million, or $0.42 per share, in last year's third quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.0% to $152.21 million. This was up from $142.30 million last year.

Manhattan Associates earnings at a glance:

-Earnings (Q3): $35.79 Mln. vs. $31.31 Mln. last year. -Earnings Growth (Y-o-Y): 14.3% -EPS (Q3): $0.50 vs. $0.42 last year. -EPS Growth (Y-o-Y): 19.0% -Analysts Estimate: $0.46 -Revenue (Q3): $152.21 Mln vs. $142.30 Mln last year. -Revenue Change (Y-o-Y): 7.0%

-Guidance: Full year EPS guidance: $1.82 - $1.84 Full year revenue guidance: $603 - $609 Mln