Manhattan Associates reported a strong start to 2022, with robust demand for its cloud-native suite of Manhattan Active® solutions driving solid pipeline and revenue momentum. Cloud and services revenue growth exceeded expectations, leading to exceptional operating results, and the company raised its 2022 guidance.
Consolidated total revenue was $179.0 million for Q1 2022, compared to $156.9 million for Q1 2021.
GAAP diluted earnings per share was $0.48 for Q1 2022, compared to $0.35 for Q1 2021.
Adjusted diluted earnings per share, a non-GAAP measure, was $0.60 for Q1 2022, compared to $0.43 for Q1 2021.
GAAP operating income was $34.0 million for Q1 2022, compared to $25.4 million for Q1 2021.
Manhattan Associates provides revenue, operating margin and diluted earnings per share guidance for the full year 2022.
Visualization of income flow from segment revenue to net income