Manhattan Associates reports record Q2 revenue of $191.9M; raises 2022 guidance

MANHATTAN ASSOCIATES INC

2022-Q2 EPS reported $0.97 revenue$370,880,000

Q2 revenue $191.9M (+15.5% YoY); GAAP EPS $0.49, adjusted EPS $0.69 (+13%).
Cloud subscription revenue $42.2M (+48% YoY); services revenue $100.9M (+19% YoY).
FY 2022 revenue guidance raised to $733-741M; adjusted EPS to $2.35-2.39.
Board increased share repurchase authority to $75M; company repurchased $50.1M in Q2.
RPO bookings up 84% YoY; demand robust despite macro turbulence.

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