Loading...
•
Jun 30, 2021
Manhattan Associates Q2 2021 Earnings Report
Reported record quarterly revenue and earnings, with RPO bookings increasing significantly and full-year guidance raised.
Key Takeaways
Manhattan Associates reported a strong second quarter with record total revenue of $166.1 million and record earnings per share, driven by accelerating demand for its cloud solutions. RPO increased 117% to $489 million and the company raised its 2021 full-year revenue and EPS guidance.
Consolidated total revenue reached $166.1 million, a notable increase from $135.6 million in Q2 2020.
Cloud subscription revenue grew to $28.6 million, up from $18.5 million in the prior year's quarter.
GAAP diluted earnings per share rose to $0.48, compared to $0.30 in Q2 2020.
Adjusted diluted earnings per share, a non-GAAP measure, was $0.61, exceeding the $0.40 reported in Q2 2020.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Manhattan Associates raised its full year 2021 revenue and EPS guidance.
Positive Outlook
- Total revenue current guidance between $643 million and $650 million, representing a 10% to 11% growth range.
- GAAP operating margin current guidance between 18.8% and 19.4%.
- Adjusted operating margin current guidance between 25.5% and 26.0%.
- GAAP EPS current guidance between $1.50 and $1.56, representing a 10% to 15% growth range.
- Adjusted EPS current guidance between $2.00 and $2.06, representing a 14% to 17% growth range.
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
Loading earnings performance data...
Loading earnings reaction data...