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Jun 30, 2020
Manhattan Associates Q2 2020 Earnings Report
Reported solid second quarter financial results and raised full-year revenue and EPS guidance.
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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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