ManTech Q2 Profit Decreases - Quick Facts

(RTTNews) - ManTech International Corp. (MANT) reported that its second-quarte net income decreased to $21.55 million or $0.58 per share, from $24.75 million or $0.67 per share last year.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit of $0.56 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues were $605.1 million, compared to $638.9 million prior year. Analysts expected revenue of $633.75 million for the quarter.

The company updated its expected financial performance for 2013 based on first half results and a revised forward outlook. The company now expects to achieve revenue of $2.40 billion, net income of $81.0 million, and earnings per share of $2.18. Analysts expect the company to report fiscal 2013 profit per share of $2.22 on revenue of $2.54 billion.