earnings
confidence high
sentiment positive
materiality 0.80
Manhattan Associates Q1 beats: revenue $221M, EPS $0.62; RPO bookings up 42%; raises FY guidance
MANHATTAN ASSOCIATES INC
2023-Q1 EPS reported
$0.62
revenue$221,013,000
- Revenue $221M, up 24% YoY; cloud subscription revenue $57.2M, up 53%.
- GAAP diluted EPS $0.62 vs $0.48; adjusted EPS $0.80 vs $0.60.
- RPO bookings increased 42% YoY, indicating strong demand for cloud solutions.
- Raised FY2023 guidance: revenue $856-864M, GAAP EPS $2.00-2.06, adjusted EPS $2.85-2.91.
- Repurchased 514,838 shares for $74.2M; Board authorized additional $75M repurchase.