Revenue Update on Mantech International Corp(NASDAQ:MANT)

Mantech International Corp(NASDAQ:MANT) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Feb 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $394.178M. Analysts estimated a revenue of $400.340M. The revenues were -1.54% below the estimates. Earnings per share were $0.35. Analysts had estimated an EPS of $0.35.

Mantech International Corp (MANT) made into the market gainers list on Wednesdays trading session with the shares advancing 0.10% or 0.04 points. Due to strong positive momentum, the stock ended at $40.94, which is also near the day’s high of $40.98. The stock began the session at $40.81 and the volume stood at 1,39,615 shares. The 52-week high of the shares is $45.52 and the 52 week low is $26.95. The company has a current market capitalization of $1,578 M and it has 3,85,45,914 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Dec 13, 2016, Judith L Bjornaas (Executive Vice President & CFO) sold 7,500 shares at $45.35 per share price.Also, On Nov 25, 2016, Richard J Kerr (director) sold 600 shares at $43.07 per share price.On Nov 15, 2016, Daniel J Keefe (Business Group President) sold 12,500 shares at $42.66 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.

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