Manhattan Associates reports record Q1 2014 results

Leading supply chain commerce solutions provider Manhattan Associates, Inc. (NASDAQ: MANH) said it has reported record non-GAAP adjusted diluted earnings per share for the first quarter ended March 31, 2014 of USD0.26 compared to USD0.19 in Q1 2013, on license revenue of USD17.1m and record total revenue of USD113.6m.

GAAP diluted earnings per share for Q1 2014 was USD0.24 compared to USD0.17 in Q1 2013.

Consolidated total revenue was USD113.6m in Q1 2014, compared to USD96.6m in Q1 2013. License revenue was USD17.1m in Q1 2014, compared to USD14.2m in Q1 2013.

Adjusted operating income, a non-GAAP measure, was USD32.3m in Q1 2014, compared to USD21.6m in Q1 2013.

Manhattan Associates designs, builds and delivers market-leading supply chain commerce solutions that drive top line growth by converging front-end sales with back-end supply chain execution and efficiency. For more information, visit www.manh.com.

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