Manhattan Associates Q3 2020 Earnings Report
Key Takeaways
Manhattan Associates reported revenue of $149.8 million for the third quarter ended September 30, 2020. GAAP diluted earnings per share for Q3 2020 was $0.39 compared to $0.42 for Q3 2019. Non-GAAP adjusted diluted earnings per share for Q3 2020 and Q3 2019 was $0.51. The company raised full-year revenue, operating margin and EPS guidance.
Consolidated total revenue was $149.8 million for Q3 2020, compared to $162.3 million for Q3 2019.
Cloud subscription revenue was $21.1 million for Q3 2020, compared to $14.2 million for Q3 2019.
GAAP diluted earnings per share was $0.39 for Q3 2020, compared to $0.42 for Q3 2019.
Adjusted diluted earnings per share, a non-GAAP measure, was $0.51 both for Q3 2020 and Q3 2019.
Manhattan Associates
Manhattan Associates
Manhattan Associates Revenue by Segment
Manhattan Associates 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