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Manhattan Associates(MANH) - 2021 Q3 - Quarterly Report
2021-10-28 20:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-23999 MANHATTAN ASSOCIATES, INC. (Exact Name of Registrant as Specified in Its Charter) Georgia 58- ...
Manhattan Associates(MANH) - 2021 Q3 - Earnings Call Transcript
2021-10-27 02:34
Manhattan Associates, Inc. (NASDAQ:MANH) Q3 2021 Earnings Conference Call October 26, 2021 4:30 PM ET Company Participants Michael Bauer - Head of Investor Relations Eddie Capel - President and Chief Executive Officer Dennis Story - Executive Vice President and Chief Financial Officer Conference Call Participants Terry Tillman - Truist Securities Joe Vruwink - Baird Brian Peterson - Raymond James Mark Schappel - The Benchmark Company Yun Kim - Loop Capital Markets Matt Pfau - William Blair Operator Good aft ...
Manhattan Associates(MANH) - 2021 Q2 - Quarterly Report
2021-07-29 20:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-23999 MANHATTAN ASSOCIATES, INC. (Exact Name of Registrant as Specified in Its Charter) Georgia 58-23734 ...
Manhattan Associates(MANH) - 2021 Q2 - Earnings Call Transcript
2021-07-28 01:21
Manhattan Associates, Inc. (NASDAQ:MANH) Q2 2021 Earnings Conference Call July 27, 2021 4:30 PM ET Company Participants Michael Bauer – Head of Investor Relations Eddie Capel – President and Chief Executive Officer Dennis Story – Executive Vice President and Chief Financial Officer Conference Call Participants Terry Tillman – Truist Securities Joe Vruwink – Baird Brian Peterson – Raymond James Mark Schappel – Benchmark Yun Kim – Loop Capital Markets Matt Pfau – William Blair Mark Zgutowicz – Rosenblatt Secu ...
Manhattan Associates(MANH) - 2021 Q1 - Quarterly Report
2021-04-29 20:31
[Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-23999 MANHATTAN ASSOCIATES, INC. (Exact Name of Registrant as Specified in Its Charter) Georgia 58-2373 ...
Manhattan Associates(MANH) - 2021 Q1 - Earnings Call Transcript
2021-04-28 00:48
Manhattan Associates, Inc. (NASDAQ:MANH) Q1 2021 Earnings Conference Call April 27, 2021 4:30 PM ET Company Participants Michael Bauer – Head-Investor Relations Eddie Capel – President and Chief Executive Officer Dennis Story – Executive Vice President and Chief Financial Officer Conference Call Participants Terry Tillman – Truist Securities Joe Vruwink – Baird Yun Kim – Loop Capital Mark Schappel – Benchmark Brian Peterson – Raymond James Mark Zgutowicz – Rosenblatt David Robinson – William Blair Operator ...
Manhattan Associates(MANH) - 2020 Q4 - Annual Report
2021-02-05 22:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-23999 Manhattan Associates, Inc. (Exact name of registrant as specified in its charter) Georgia (State or other jurisdiction of inco ...
Manhattan Associates(MANH) - 2020 Q4 - Earnings Call Transcript
2021-02-03 02:03
Financial Data and Key Metrics Changes - Manhattan reported Q4 revenue of $147 million, adjusted earnings per diluted share of $0.45, both exceeding expectations [11][29] - Full year 2020 total revenue was $586 million, down 5% compared to 2019, primarily due to COVID-19 [29] - Q4 adjusted operating income totaled $38 million, with an adjusted operating margin of 25.6% [40] - Cloud revenue for Q4 was $23 million, up 46% year-over-year, and for the full year 2020, cloud revenue increased 70% to $80 million [30][31] - Remaining performance obligation (RPO) for the quarter totaled $309 million, up 20% sequentially and 80% year-over-year [32] Business Line Data and Key Metrics Changes - Cloud revenue is expected to account for approximately 85% of total software revenue in 2021, up from less than 50% in 2019 [31] - License revenue for Q4 was approximately $10 million, with a full year total of $38 million, down 22% year-over-year [35] - Maintenance revenue for Q4 totaled $39 million, up 2% year-over-year, while full year maintenance revenue declined 1% to $148 million [36] - Professional Services revenue for Q4 was $71 million, down 18% year-over-year, but expected to return to growth in 2021 [37] Market Data and Key Metrics Changes - Competitive win rates remained strong at about 70%, with retail, consumer goods, food and beverage, and grocery driving over 50% of cloud and license revenue in Q4 [18] - The demand for supply chain and omnichannel products has been solid, with a growing market need for modern solutions [14][16] Company Strategy and Development Direction - The company is transitioning to a cloud-first model, with a focus on innovation and customer success, aiming for long-term sustainable growth [15][53] - The company plans to invest nearly $90 million in research and development in 2021 [16] - The objective is to exit 2023 with approximately $1 billion in remaining performance obligation, representing a 3-year CAGR of about 45% [17][52] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sales capacity to meet growth rates and emphasized the strong demand for cloud solutions [60] - The company raised its 2021 full-year total revenue and adjusted EPS guidance, reflecting encouraging signs of economic recovery [16] - Management noted that the ongoing pandemic has created a unique opportunity for growth in supply chain solutions [12][53] Other Important Information - The company closed the quarter with cash and investments of $205 million and zero debt [44] - The Board of Directors lifted the suspension of the share repurchase program, authorizing the repurchase of up to $50 million [43] Q&A Session Summary Question: Conversations with Tier 1 companies regarding Active Omni - Management noted that conversations have elevated to C-level discussions as the suite drives revenue for customers [56][58] Question: Sales capacity to achieve RPO growth - Management expressed confidence in sales capacity and ongoing selective hiring to meet growth demands [60] Question: RPO progression throughout the year - Management indicated that RPO updates will be provided quarterly, targeting strong growth rates [62] Question: RPO growth drivers and product mix - Management stated that RPO growth is driven by strong demand across the full suite of solutions, but specific product line breakdowns are not provided [72][74] Question: Acquisition strategy moving forward - Management reiterated a focus on intrinsic innovation and R&D, with acquisitions considered only if they fill gaps in the current offerings [76] Question: Interest in omnichannel POS segment post-holiday season - Management noted increased interest in omnichannel capabilities as consumer demand for these services has grown [79][80]
Manhattan Associates(MANH) - 2020 Q3 - Quarterly Report
2020-11-02 21:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-23999 MANHATTAN ASSOCIATES, INC. (Exact Name of Registrant as Specified in Its Charter) Georgia 58- ...
Manhattan Associates(MANH) - 2020 Q3 - Earnings Call Transcript
2020-10-23 03:29
Manhattan Associates, Inc. (NASDAQ:MANH) Q3 2020 Earnings Conference Call October 22, 2020 4:30 PM ET Company Participants Matt Humphries - Senior Director-Investor Relations Eddie Capel - Chief Executive Officer Dennis Story - Chief Financial Officer Conference Call Participants Terry Tillman - Truist Securities Matt Pfau - William Blair Joe Vruwink - Baird Mark Schappel - Benchmark Brian Peterson - Raymond James Yun Kim - Loop Capital Markets Mark Zgutowicz - Rosenblatt Operator Good afternoon, my name is ...