Financial Reports are Key to Consider: Manhattan Associates, Inc. (NASDAQ: MANH)

On Thursday, Manhattan Associates, Inc. (NASDAQ: MANH) started its trading session with the price $74.79 and closed at rate of $76.44 by scoring 2.22%. Day variety of the stock was $74.79 – $77.41. MANH stock traded with overall volume of 720014 shares while the average trading capability remained 603846 shares. Profits per share was $1.46. MANH has overall market capitalization of $4884592596.

Leading Supply Chain and Omnichannel Commerce Solutions supplier Manhattan Associates Inc. (MANH) recently specified record total profits of $162.3 M for the third quarter ended September 30, 2019, applying the new profits recognition basic retrospectively. GAAP diluted profits per share for Q3 2019 was $0.42 contrast to $0.43 in Q3 2018. Non-GAAP adjusted diluted incomes per share for Q3 2019 was $0.51 contrast to $0.49 in Q3 2018.

3RD QUARTER 2019 FINANCIAL SUMMARY:

Consolidated total income was $ 162.3 M in Q3 2019, contrast to $ 142.4 M in Q3 2018. License revenue was $ 15.5 M in Q3 2019, contrast to $ 11.5 M in Q3 2018.
GAAP diluted revenues per share was $ 0.42 in Q3 2019 contrast to $ 0.43 in Q3 2018.
Adjusted diluted profits per share, a non-GAAP step, was $ 0.51 in Q3 2019, contrast to $ 0.49 in Q3 2018.
GAAP operating income was $ 35.0 M in Q3 2019, contrast to $ 36.1 M in Q3 2018.
Adjusted operating earnings, a non-GAAP measure, was $ 43.1 M in Q3 2019, contrast to $ 41.5 M in Q3 2018.
Capital from operations was $ 39.9 M for Q3 2019, contrast to $ 35.2 M for Q3 2018. Days Sales Outstanding was 61 days at September 30, 2019, contrast to 59 days at June 30, 2019.
Money and financial investments totaled $ 113.6 M at September 30, 2019, contrast to $ 119.4 M at June 30, 2019.
During the three months ended September 30, 2019, the Company redeemed 429,539 shares of Manhattan Associates normal stock under the share bought program authorized by our Board of Directors for a total financial investment of $ 36.0 M. In October 2019, our Board authorized the Company to redeem approximately an aggregate of $50M of the Companys common stock.

9 MONTH 2019 FINANCIAL SUMMARY:

Consolidated total revenue for the 9 months ended September 30, 2019, was $ 465.0 M, contrast to $ 414.8 M for the nine months ended September 30, 2018 License earnings was $ 39.6 M for the 9 months ended September 30, 2019, contrast to$ 32.1 M for the 9 months ended September 30, 2018. Cloud subscription revenue was $ 31.1 M for the 9 months ended September 30, 2019, contrast to $ 16.3 M for the nine months ended September 30, 2018. Service profits was $ 274.2 M for the nine months ended September 30, 2019, contrast to $ 245.2 M, for the 9 months ended September 30, 2018.
GAAP diluted revenues per share for the 9 months ended September 30, 2019, was $ 1.06, contrast to $ 1.18 for the nine months ended September 30, 2018.
Changed diluted profits per share a non-GAAP step, was $ 1.34 for the nine months ended September 30, 2019, contrast to $ 1.33 for the 9 months ended September 30, 2018.
GAAP operating income was $ 90.9 M for the nine months ended September 30, 2019, contrast to $99.6 M for the 9 months ended September 30, 2018.
Adjusted operating earnings a non-GAAP measure, was $114.8 M for the 9 months ended September 30, 2019, contrast to $ 114.5 M for the 9 months ended September 30, 2018.
Capital from operations was $ 112.3 M for the nine months ended September 30, 2019, contrast to $ 103.3 M for the nine months ended September 30, 2018.
During the nine months ended September 30, 2019, the Company repurchased 1,195,203 shares of Manhattan Associates common stock under the share bought program authorized by our Board of Directors, for an overall investment of $ 80.9 M.

Cloud subscription earnings was $ 31.1 M for the 9 months ended September 30, 2019, contrast to $ 16.3 M for the 9 months ended September 30, 2018. Service profits was $ 274.2 M for the nine months ended September 30, 2019, contrast to $ 245.2 M, for the nine months ended September 30, 2018.

MANH has a gross margin of 55.40% and an operating margin of 21.40% while its profit margin revenue 16.30% for the last 12 months. The rate moved ahead of -6.37% from the mean of 20 days, -7.21% from mean of 50 days SMA and carried out 13.39% from mean of 200 days cost.

Leading Supply Chain and Omnichannel Commerce Solutions service provider Manhattan Associates Inc. (MANH) just recently specified record overall earnings of $162.3 M for the third quarter ended September 30, 2019, applying the brand-new profits recognition standard retrospectively. GAAP diluted revenues per share for Q3 2019 was $0.42 contrast to $0.43 in Q3 2018. Non-GAAP adjusted diluted incomes per share for Q3 2019 was $0.51 contrast to $0.49 in Q3 2018.

Jeannine Cruz

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