Manhattan Associates, Inc. (MANH) Tops Q1 EPS by 4c, Lowers FY Rev. Guidance

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Go back to Manhattan Associates, Inc. (MANH) Tops Q1 EPS by 4c, Lowers FY Rev. Guidance

Manhattan Associates Reports First Quarter 2017 Performance

April 20, 2017 4:05 PM EDT

ATLANTA, April 20, 2017 (GLOBE NEWSWIRE) -- Leading Supply Chain Commerce Solutions provider Manhattan Associates, Inc. (NASDAQ: MANH) today reported GAAP diluted earnings per share for the first quarter ended March 31, 2017 of $0.40 compared to $0.38 in Q1 2016, on record license revenue of $22.8 million and total revenue of $143.5 million. Non-GAAP adjusted diluted earnings per share was $0.42 in both Q1 2017 and Q1 2016.

Our first quarter results reflect the balance between strong license fee performance and retail macro challenges. Q1 represents another record license quarter with solid pipeline activity in all three regions against a strong comparable. Our Professional... More