Manhattan Associates, Inc. (NASDAQ: MANH) reported Q3 EPS of $0.51, $0.02 better than the analyst estimate of $0.49. Revenue for the quarter came in at $152.9 million versus the consensus estimate of $150.31 million.

THIRD QUARTER 2017 FINANCIAL SUMMARY:

• GAAP diluted earnings per share was $0.47 in both Q3 2017 and Q3 2016.
• Adjusted diluted earnings per share, a non-GAAP measure, was $0.51 in Q3 2017, compared to $0.50 in Q3 2016.
• Consolidated total revenue was $152.9 million in Q3 2017, compared to $152.2 million in Q3 2016. License revenue was $18.8 million in Q3 2017, compared to $21.6 million in Q3 2016.
• GAAP operating income was $51.1 million in Q3 2017, compared to $53.6 million in Q3 2016.
• Adjusted operating income, a non-GAAP measure, was $54.9 million in Q3 2017, compared to $57.2 million in Q3 2016.
• Cash flow from operations was $44.0 million in Q3 2017, compared to $42.0 million in Q3 2016. Days Sales Outstanding was 58 days at September 30, 2017, compared to 57 days at June 30, 2017.
• Cash and investments totaled $129.7 million at September 30, 2017, compared to $86.6 million at June 30, 2017.
• During the three months ended September 30, 2017, the Company did not repurchase any shares of Manhattan Associates common stock under the share repurchase program authorized by the Board of Directors. In October 2017, the Board of Directors confirmed the Company's existing authority to repurchase up to an aggregate of $50 million of the Company’s common stock.

GUIDANCE:

Manhattan Associates, Inc. sees FY2017 EPS of $1.89, versus the consensus of $1.87. Manhattan Associates, Inc. sees FY2017 revenue of $600 million, versus the consensus of $594.78 million.

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