Manhattan Associates: 1Q Earnings Snapshot

ATLANTA (AP) _ Manhattan Associates Inc. (MANH) on Tuesday reported first-quarter net income of $21 million.

The Atlanta-based company said it had profit of 32 cents per share. Earnings, adjusted for stock option expense and pretax expenses, were 41 cents per share.

The business software company posted revenue of $148.4 million in the period.

Manhattan Associates expects full-year earnings in the range of $1.42 to $1.46 per share, with revenue in the range of $582 million to $592 million.

Manhattan Associates shares have increased 44 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.11, a rise of 45 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANH at https://www.zacks.com/ap/MANH