Manhattan Associates Reports Record First Quarter Revenue and Earnings
ATLANTA, April 24, 2012
Leading supply chain optimization provider Manhattan Associates, Inc. (NASDAQ: MANH) today reported record first quarter 2012 non-GAAP adjusted diluted earnings per share of $0.60 compared to $0.41 in the first quarter 2011, on license revenue of $15.6 million and record total revenue of $91.5 million. GAAP diluted earnings per share was a record $0.55 compared to $0.32 in the prior year first quarter.
Manhattan Associates President and CEO Pete Sinisgalli commented, “Our first quarter financial results and operating metrics were strong. Moreover, our competitive position continues to improve. While it remains difficult to forecast the global economy, we are well positioned for a solid year in 2012 and beyond.”