Manhattan Associates Q2 2020 Earnings Report
Key Takeaways
Manhattan Associates reported revenue of $135.6 million for the second quarter ended June 30, 2020. GAAP diluted earnings per share for Q2 2020 was $0.30, and non-GAAP adjusted diluted earnings per share for Q2 2020 was $0.40. The company raised its full-year revenue and earnings guidance due to the outperformance of its growing cloud business.
Consolidated total revenue was $135.6 million in Q2 2020, compared to $154.3 million in Q2 2019.
Cloud subscription revenue was $18.5 million in Q2 2020, compared to $9.0 million in Q2 2019.
GAAP diluted earnings per share was $0.30 in Q2 2020, compared to $0.32 in Q2 2019.
Adjusted diluted earnings per share, a non-GAAP measure, was $0.40 in Q2 2020, compared to $0.42 in Q2 2019.
Manhattan Associates
Manhattan Associates
Manhattan Associates Revenue by Segment
Manhattan Associates Revenue by Geographic Location
Forward Guidance
Manhattan Associates provides the following updated revenue, operating margin and diluted earnings per share guidance for the full year 2020:
Revenue & Expenses
Visualization of income flow from segment revenue to net income