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Manhattan Associates, Inc. (MANH) Misses Q3 EPS by 1c; Guides FY16 EPS Higher, Revs Lower

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Manhattan Associates Reports Record Third Quarter 2016 Performance

October 18, 2016 4:05 PM EDT

ATLANTA, Oct. 18, 2016 (GLOBE NEWSWIRE) -- Leading Supply Chain Commerce Solutions provider Manhattan Associates, Inc. (NASDAQ: MANH) today reported record Q3 GAAP diluted earnings per share for the third quarter ended September 30, 2016, of $0.47 compared to $0.38 in Q3 2015, on record Q3 license revenue of $21.6 million and record Q3 total revenue of $152.2 million. Non-GAAP adjusted diluted earnings per share for Q3 2016 was a record $0.50 compared to $0.42 in Q3 2015.

We delivered another good quarter of financial performance growing our business with solid customer activity and competitive win rates, said Eddie Capel, Manhattan... More