Manhattan Associates Q2 2022 Earnings Report
Key Takeaways
Manhattan Associates reported a strong second quarter with record revenue of $191.9 million, driven by cloud revenue growth of 48% and service revenue growth of 19%. The company's business momentum is strong, and demand for cloud-native solutions remains robust. As a result, Manhattan Associates raised its 2022 full-year revenue and EPS guidance.
Consolidated total revenue was $191.9 million for Q2 2022, compared to $166.1 million for Q2 2021.
GAAP diluted earnings per share was $0.49 for Q2 2022, compared to $0.48 for Q2 2021.
Adjusted diluted earnings per share was $0.69 for Q2 2022, compared to $0.61 for Q2 2021.
GAAP operating income was $37.3 million for Q2 2022, compared to $39.4 million for Q2 2021.
Manhattan Associates
Manhattan Associates
Manhattan Associates Revenue by Segment
Manhattan Associates Revenue by Geographic Location
Forward Guidance
Manhattan Associates provides revenue guidance for the full year 2022: Total revenue between $733 million and $741 million, GAAP EPS between $1.63 and $1.67 and Adjusted EPS between $2.35 and $2.39.
Revenue & Expenses
Visualization of income flow from segment revenue to net income