Manhattan Associates, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
January 30, 2024 at 04:06 pm EST
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Manhattan Associates, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 928.73 million compared to USD 767.08 million a year ago. Net income was USD 176.57 million compared to USD 128.96 million a year ago.
Basic earnings per share from continuing operations was USD 2.86 compared to USD 2.05 a year ago. Diluted earnings per share from continuing operations was USD 2.82 compared to USD 2.03 a year ago.
Manhattan Associates, Inc. sells, deploys, services and maintains software solutions designed to manage supply chains, inventory and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. The Company operates through three geographical segments: North and Latin America; Europe, the Middle East and Africa (EMEA); and Asia Pacific (APAC). It provides companies the tools needed to manage distribution and optimize transportation costs throughout their entire commercial network. Its solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks holistically across the functions linked in a supply chain from planning through execution. These solutions also help coordinate the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, channels, and consumers.