Manhattan Associates, Inc. (MANH) Tops Q2 EPS by 2c; Raises Outlook

Manhattan Associates, Inc. (NASDAQ: MANH) reported Q2 EPS of $0.29, $0.02 better than the analyst estimate of $0.27. Revenue for the quarter came in at $122.5 million versus the consensus estimate of $115.04 million.

Manhattan Associates, Inc. sees FY2014 EPS of $1.10-$1.12, versus prior guidance of $1.03-$1.05 and the consensus of $1.07. Manhattan Associates, Inc. sees FY2014 revenue of $472-465 million, versus prior guidance of $460-462 million and the consensus of $463.5 million.

We're very pleased with our performance in Q2 and the first half of 2014. We executed well serving our customers and delivering strong financial performance," said Eddie Capel, Manhattan Associates president and CEO. "With strong demand for our omni-channel and distribution management solutions, we will continue to innovate and strive to enhance our market position so we can deliver solid financial results for the balance of 2014 and beyond."

For earnings history and earnings-related data on Manhattan Associates, Inc. (MANH) click here.

You May Also Be Interested In

• Morgan Stanley upgrades Robinhood, sees 43% upside
• Karman Space & Defense acquires Walker Precision Engineering
• Standard Nuclear (STDN) PT Raised to $20 at UBS