Manhattan Associates maakt financiële resultaten van eerste kwartaal 2015 bekend

Manhattan Associates (NASDAQ: MANH), leverancier van supply chain commerce oplossingen, heeft de financiële resultaten van het eerste kwartaal van 2015 bekendgemaakt. De non-GAAP winst per aandeel in het eerste kwartaal, dat 31 maart 2015 eindigde, bedroeg $0,34 tegenover $0,26 in hetzelfde kwartaal in 2014. De omzet voortvloeiend uit de exploitaties van licenties bedroeg  $19,3 miljoen en de totaalomzet bedroeg $133,5 miljoen. Op basis van de GAAP-maatstaven bedroeg de winst per aandeel in het eerste kwartaal van 2015 $0,31 tegenover $0,24 in hetzelfde kwartaal in 2014.

Het volledige, Engelstalige bericht is hieronder terug te vinden:

Manhattan Associates Reports Record First Quarter 2015 Performance
~ Company raises full-year revenue and EPS guidance ~

ATLANTA – April 21, 2015 – Leading Supply Chain Commerce Solutions provider Manhattan Associates, Inc. (NASDAQ: MANH) today reported record non-GAAP adjusted diluted earnings per share for the first quarter ended March 31, 2015 of $0.34 compared to $0.26 in Q1 2014, on license revenue of $19.3 million and record total revenue of $133.5 million. GAAP diluted earnings per share for Q1 2015 was a record $0.31 compared to $0.24 in Q1 2014.

“We are pleased with the strong results we’ve posted in Q1 2015. Customers and prospects continue to invest in both core supply chain and omni-channel commerce initiatives,” said Eddie Capel, Manhattan Associates president and CEO. “Our investments in Supply Chain Commerce innovation to meet the demands of the markets we serve continue to drive our growth and record financial performance. We intend to remain focused, throughout 2015 and beyond, on extending our leadership position and posting strong financial results.”

FIRST QUARTER 2015 FINANCIAL SUMMARY:

• Adjusted diluted earnings per share, a non-GAAP measure, was $0.34 in Q1 2015, compared to $0.26 in Q1 2014.
• GAAP diluted earnings per share was $0.31 in Q1 2015, compared to $0.24 in Q1 2014.
• Consolidated total revenue was $133.5 million in Q1 2015, compared to $113.6 million in Q1 2014. License revenue was $19.3 million in Q1 2015, compared to $17.1 million in Q1 2014.
• Adjusted operating income, a non-GAAP measure, was $40.0 million in Q1 2015, compared to $32.3 million in Q1 2014.
• GAAP operating income was $36.9 million in Q1 2015, compared to $30.1 million in Q1 2014.
• Cash flow from operations was $15.2 million in Q1 2015, compared to $19.1 million in Q1 2014. Days Sales Outstanding was 56 days at March 31, 2015, compared to 61 days at December 31, 2014.
• Cash and investments was $107.2 million at March 31, 2015, compared to $124.4 million at December 31, 2014.
• During the three months ended March 31, 2015, the Company repurchased 523,663 shares of Manhattan Associates common stock under the share repurchase program authorized by the Board of Directors, for a total investment of $26.3 million. In April 2015, the Board of Directors approved raising the Company’s share repurchase authority to an aggregate of $50.0 million of the Company’s outstanding common stock.

SALES ACHIEVEMENTS:

• Recognized license revenue on seven contracts of $1.0 million or more during Q1 2015.
• Completed software license wins with new customers such as: Best Buy, Harris Teeter, K&B Transport, Keurig Green Mountain, Kramp Groep, Midas Group, Murphy-Hoffman, Paul Smith, Readerlink Distribution Services, Stage Stores, Thomas Cook Airlines, Uline.
• Expanded relationships with existing customers such as: Amplifier, APL Logistics, Asda Stores, Cabela’s, Carter’s, Central Retail Corporation, Chico’s, Coach, Crete Carrier, David’s Bridal, Eileen Fisher, Express, Factory Motor Parts, GD Logistics, Genco, Genesco, House of Fraser, Infinite Retail, Kane Warehousing, Laura Ashley, Legacy Supply Chain Services, LeSaint Logistics, Monoprice, MWI Veterinary Supply, Newgistics, Nordstrom, Ossur, Rhee Brothers, RockTenn, Schurman Fine Papers, Southern Wine and Spirits, Team Hardinger Transportation, TwinMed, Ulta, UWT Logistics, Wilton Brands, Winning Group, Wolverine Worldwide.

2015 GUIDANCE
Manhattan Associates currently intends to publish, in each quarterly earnings release, certain expectations with respect to future financial performance. Those statements, including the guidance provided above, are forward looking. Actual results may differ materially, especially in the current uncertain economic environment. Those statements, including the guidance provided above, do not reflect the potential impact of mergers, acquisitions or other business combinations that may be completed after the date of the release.

Manhattan Associates will make its earnings release and published expectations available on its website (www.manh.com). Beginning the close of business on June 15, 2015, Manhattan Associates will observe a “Quiet Period” during which Manhattan Associates and its representatives will not comment concerning previously published financial expectations. Prior to the start of the Quiet Period, the public can continue to rely on the expectations published in this 2015 Guidance section as being Manhattan Associates’ current expectation on matters covered, unless Manhattan Associates publishes a notice stating otherwise. During the Quiet Period, previously published expectations should be considered historical only, speaking only as of or prior to the Quiet Period, and Manhattan Associates disclaims any obligation to update any previously published financial expectations during the Quiet Period. The Quiet Period will extend until publication of Manhattan Associates’ next quarterly earnings release, currently scheduled for the third full week of July 2015.

GAAP VERSUS NON-GAAP PRESENTATION
The Company provides adjusted operating income, adjusted net income and adjusted diluted earnings per share in this press release as additional information regarding the Company’s operating results. These measures are not in accordance with – or an alternative to – GAAP, and may be different from non-GAAP operating income, non-GAAP net income and non-GAAP earnings per share measures used by other companies. The Company believes that the presentation of these non-GAAP financial measures facilitates investors’ ability to understand and compare the Company’s results and guidance, because the measures provide important supplemental information in evaluating the operating results of its business, as distinct from results that include items that are not indicative of ongoing operating results, and because the Company’s competitors and peers typically publish similar non-GAAP measures. This release should be read in conjunction with the Company’s Form 8-K earnings release filing for the quarter ended March 31, 2015.

Non-GAAP adjusted operating income, adjusted net income and adjusted diluted earnings per share exclude the impact of equity-based compensation and acquisition-related costs and the amortization thereof – all net of income tax effects. Reconciliations of the Company’s GAAP financial measures to non-GAAP adjustments are included in the supplemental information attached to this release.

This press release contains “forward-looking statements” relating to Manhattan Associates, Inc.  Forward-looking statements in this press release include the information set forth under “2015 Guidance.” Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: uncertainty about the global economy, delays in product development, competitive pressures, software errors, information security breaches and the additional risk factors set forth in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. Manhattan Associates undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results.

Over Manhattan
Manhattan Associates maakt supply chains ‘commerce ready’. Alle verkooppunten worden samengebracht, zodat u ‘ready to sell’ en ‘ready to execute’ bent. Of het nu uw winkel, uw netwerk of uw fulfillmentcenter betreft, wij ontwerpen, bouwen en leveren toonaangevende oplossingen die zowel aan uw groei als aan uw winstgevendheid bijdragen. Door sales aan de voorkant naadloos te verbinden met supply chain efficiëntie aan de achterkant, zorgen onze software, platformtechnologie en ervaring ervoor dat onze klanten commerce-ready zijn – zodat zij klaar zijn om de vruchten te plukken van de omnichannelmarkt. Meer informatie vindt u ophttp://www.manh.nl