Mantech International Corp (MANT) reported quarterly earnings results on Wednesday, Jul-27-2016. The company said it had a profit of $0.39 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.35. The company posted revenue of $401.35 million in the period, compared to analysts expectations of $402.41 million. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.
Mantech International Corp opened for trading at $39.91 and hit $39.939 on the upside on Thursday, eventually ending the session at $39.7, with a gain of 0.28% or 0.11 points. The heightened volatility saw the trading volume jump to 82,130 shares. Company has a market cap of $1,497 M.
In a different news, on May 26, 2016, Richard L Armitage (director) sold 3,000 shares at $35.00 per share price. According to the SEC, on May 25, 2016, Daniel J Keefe (Business Group President) sold 12,500 shares at $34.40 per share price. On May 17, 2016, Judith L Bjornaas (SVP & Deputy CFO) sold 15,000 shares at $35.17 per share price, according to the Form-4 filing with the securities and exchange commission.
ManTech International Corporation is a provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense State Homeland Security Energy and Justice including the Federal Bureau of Investigation; the healthcare and space communities; and other United States federal Government customers. It supports national security programs for around 50 federal agencies through over 1100 contracts. Its solutions and services include cyber; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation; command control communications computers intelligence surveillance and reconnaissance; training; global logistics and supply chain management and management consulting. It offers services to the Unites States Government intelligence military space and civilian agencies and commercial customers among others.