ATLANTA (AP) \u2014 ATLANTA (AP) \u2014 Manhattan Associates Inc. (MANH) on Tuesday reported second-quarter net income of $50.4 million. <\/p>\n
On a per-share basis, the Atlanta-based company said it had net income of 85 cents. Earnings, adjusted for stock option expense and restructuring costs, came to $1.39 per share. <\/p>\n
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share. <\/p>\n
The business software company posted revenue of $297.8 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $287.4 million. <\/p>\n
Manhattan Associates expects full-year earnings in the range of $5.44 to $5.50 per share, with revenue in the range of $1.16 billion to $1.17 billion. <\/p>\n
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This story was generated by Automated Insights<\/a> (http:\/\/automatedinsights.com\/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANH<\/a> at https:\/\/www.zacks.com\/ap\/MANH <\/p>\n","protected":false},"excerpt":{"rendered":"ATLANTA (AP) \u2014 ATLANTA (AP) \u2014 Manhattan Associates Inc. (MANH) on Tuesday reported second-quarter net income of $50.4…\n","protected":false},"author":2,"featured_media":305526,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[8598,117155,50881,75,1972,84,83,79258,9,24,63,5163],"class_list":["post-309739","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-atlanta","tag-atlanta-based-company","tag-business-software-company","tag-manhattan","tag-manhattan-associates","tag-manhattan-headlines","tag-manhattan-news","tag-net-income","tag-new-york","tag-new-york-city","tag-nyc","tag-zacks-investment-research"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/309739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=309739"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/309739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/305526"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=309739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=309739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=309739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}