04:24 PM EDT, 04/23/2024 (MT Newswires) -- Manhattan Associates ( MANH ) reported Q1 non-GAAP earnings Tuesday of $1.03 per share, up from $0.80 a year earlier.
Analysts polled by Capital IQ expected $0.87.
Revenue for the quarter ended March 31 was $254.6 million, up from $221 million a year earlier. Analysts surveyed by Capital IQ expected $243.3 million
Looking forward, the company raised its 2024 adjusting earnings guidance in the range of $3.86 to $3.94 from $3.69 to $3.79. Analysts polled by Capital IQ expect $3.77.
The company also increased its revenue guidance for the year to between $1.026 billion to $1.034 billion from previous outlook of between $1.015 billion to $1.025 billion. Analysts surveyed by Capital expect $1.022 billion.