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.
Manhattan Associates raised its full year 2021 revenue and EPS guidance.
Visualization of income flow from segment revenue to net income