Manhattan Associates, Inc. (MANH) Tops Q1 EPS by 7c, Lowers FY Guidnce

Go back to Manhattan Associates, Inc. (MANH) Tops Q1 EPS by 7c, Lowers FY Guidnce

Manhattan Associates Reports Record First Quarter 2020 Revenue

April 21, 2020 4:06 PM EDT

ATLANTA , April 21, 2020 (GLOBE NEWSWIRE) -- Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported record first quarter revenue of $153.9 million for the first quarter ended March 31, 2020, applying the new revenue recognition standard retrospectively. GAAP diluted earnings per share for Q1 2020 was $0.35 compared to $0.32 in Q1 2019. Non-GAAP adjusted diluted earnings per share for Q1 2020 was $0.40 compared to $0.41 in Q1 2019.

Q1 was a solid quarter for Manhattan Associates, especially in light of the impact the COVID-19 pandemic is having globally, said Manhattan Associates president and CEO Eddie Capel. Our growing cloud... More