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July 30, 2014
16:54 EDTMANTManTech reports Q2 EPS 21c, consensus 23c
Reports Q2 revenue $463.4M, consensus $481.47M. Contract awards totaled $424M in the quarter, representing a book-to-bill ratio of 0.9. The company's backlog of business at the end of quarter was $3.8B, of which $1.0B was funded. "Given improved clarity of funding levels throughout the government, the company had expected more adjudications in the quarter. Proposal activity remains high, and the third quarter should see significant awards as well as the submittal of significant new business proposals," the company said.
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