Manhattan Associates Q4 Profit Climbs 29%

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

The company said its bottom line came in at $28.66 million, or $0.39 per share. This was higher than $22.14 million, or $0.30 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.5% to $141.44 million. This was up from $130.40 million last year.

Manhattan Associates earnings at a glance:

-Earnings (Q4): $28.66 Mln. vs. $22.14 Mln. last year. -Earnings Growth (Y-o-Y): 29.4% -EPS (Q4): $0.39 vs. $0.30 last year. -EPS Growth (Y-o-Y): 30.0% -Analysts Estimate: $0.35 -Revenue (Q4): $141.44 Mln vs. $130.40 Mln last year. -Revenue Change (Y-o-Y): 8.5%

-Guidance: Full year EPS guidance: $1.69 - $1.72 Full year revenue guidance: $609 - $615 Mln