Manhattan Associates, Inc. (MANH) PT Lowered to $50 at SunTrust Robinson Humphrey

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Go back to Manhattan Associates, Inc. (MANH) PT Lowered to $50 at SunTrust Robinson Humphrey

Manhattan Associates Reports Fourth Quarter and Full Year 2017 Performance

February 6, 2018 4:05 PM EST

ATLANTA, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates, Inc. (NASDAQ: MANH) today reported GAAP diluted earnings per share for the fourth quarter ended December 31, 2017, of $0.36 compared to $0.42 in Q4 2016, on license revenue of $14.7 million, cloud subscriptions revenue of $3.2 million and total revenue of $144.1 million. Non-GAAP adjusted diluted earnings per share for Q4 2017 was $0.45 compared to $0.46 in Q4 2016. 

Q4 and full-year 2017 marked a pivotal beginning to our cloud transformation.  Deal volume and competitive win rates were strong with better than anticipated market enthusiasm for our recently launched Manhattan... More