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 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.
Visualization of income flow from segment revenue to net income