ATLANTA (AP) — ATLANTA (AP) — Manhattan Associates Inc. (MANH) on Tuesday reported third-quarter earnings of $63.8 million.
On a per-share basis, the Atlanta-based company said it had profit of $1.03. Earnings, adjusted for stock option expense, were $1.35 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The business software company posted revenue of $266.7 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $263.4 million.
Manhattan Associates expects full-year earnings in the range of $4.60 to $4.62 per share, with revenue expected to be $1.04 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANH at https://www.zacks.com/ap/MANH
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