Manhattan Associates Beats On Earnings, Sales

By | October 20, 2015

Scalper1 News

Manhattan Associates surprised Wall Street with better-than-expected third-quarter earnings and revenue, and predicted a strong finish to the year with a raised full-year earnings forecast. The business software maker said that its adjusted net income for the period ending Sept. 30 grew 31% from a year earlier to 42 cents a share, while revenue climbed 13% to $142.3 million. The firm came in ahead of a 36-cent EPS forecast from analysts polled by Scalper1 News

Scalper1 News