Manhattan Associates, Inc. (MANH) Tops Q2 EPS by 5c; Guides Higher

Manhattan Associates, Inc. (NASDAQ: MANH) reported Q2 EPS of $0.49, $0.05 better than the analyst estimate of $0.44. Revenue for the quarter came in at $154.9 million versus the consensus estimate of $153.71 million.

“We’re very pleased with our financial performance for second quarter and first half of 2016 results. We continue to execute well serving our customers,” said Eddie Capel, Manhattan Associates President and CEO. “We continue to invest in omni-channel, retail store and distribution management solutions to drive growth and enhance our market leadership position. Despite the increasing global macro-economic volatility, we remain focused on delivering value to our customers, and we are optimistic about our future.”

GUIDANCE:

Manhattan Associates, Inc. sees FY2016 EPS of $1.78-$1.81, versus prior guidance of $1.73-$1.76 and the consensus of $1.76. Manhattan Associates, Inc. sees FY2016 revenue of $615-620 million, versus the consensus of $617.2 million.

For earnings history and earnings-related data on Manhattan Associates, Inc. (MANH) click here.

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