Benzinga | Oct 22, 2020 04:50PM EDT

Manhattan Associates: Q3 Earnings Insights

Shares of Manhattan Associates (NASDAQ:MANH) moved higher by 2.4% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 0.00% year over year to $0.51, which beat the estimate of $0.39.

Revenue of $149,757,000 decreased by 7.71% year over year, which beat the estimate of $138,870,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $1.62 and $1.66.

The upcoming fiscal year's revenue expected to be between $574,000,000 and $579,000,000.

Details Of The Call

Date: Oct 22, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/86uawgw9

Price Action

52-week high: $106.17

Company's 52-week low was at $35.20

Price action over last quarter: Up 10.04%

Company Overview

Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.