earnings
confidence high
sentiment positive
materiality 0.70
Manhattan Associates reports record Q3 revenue; raises FY2022 guidance
MANHATTAN ASSOCIATES INC
2022-Q3 EPS reported
$1.43
revenue$568,981,000
- Q3 revenue $198.1M (record), up 17% YoY; cloud subscription revenue $45.3M, up 41% YoY.
- GAAP diluted EPS $0.47 (down from $0.57); adjusted EPS $0.66 (down from $0.71).
- RPO bookings increased 69% YoY, indicating strong demand for cloud portfolio.
- Raised FY2022 guidance: revenue $750-753M (13% growth); GAAP EPS $1.71-1.73; adj EPS $2.43-2.45.
- Board replenished share repurchase authority to $75M; Q3 repurchases $50M (346,620 shares).