Manugistics(MANU), a developer of supply chain and electronic-business software, reported third-quarter earnings that beat analysts' expectations as revenue nearly doubled from the year-ago period.
For the three months ended Nov. 30, income rose to $3.4 million, or 5 cents a diluted share, excluding a noncash stock compensation gain. The company lost $4.8 million, or 9 cents a share, in the year-ago period. Per share figures reflect a 2-for-1 stock split that became effective Dec. 8. According to First Call/Thomson Financial, analysts expected the Rockville, Md., company to earn 3 cents a share in the period. Revenue rose 96% to $70 million from $35.8 million in the same quarter of the prior year. Shares of Manugistics closed the regular Nasdaq trading session at $44.06 and rose to $46.25 in after-hours Island activity.>To order reprints of this article, click here: Reprints
TheStreet Premium Services For Personal Service: 877-471-2967
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
ETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,890.46 | 1,351.95 | 2,927.23 | 20.47 |
Oil *
118.75
|
|
UP
6.51 |
UP
1.99 |
UP
11.37 |
UP
0.72 |
10 Yr
2.05%
SPDR Gold
168.02
|
|
+0.05%
|
+0.15%
|
+0.39%
|
+3.65%
|
Data delayed 20 minutes |
Connect with TheStreet