Supply chain commerce solutions provider Manhattan Associates reported record non-GAAP adjusted diluted Q4 earnings of $0.24 per share, compared to $0.18 in Q4 2012, according to the company’s Q4 2013 financial statement.
The Manhattan Associates Board of Directors approved a four-for-one stock split of the company’s Common Stock, effected in the form of a stock dividend. Consolidated total revenue was $107.6 million in Q4 2013, compared to $95.4 million in Q4 2012. License revenue was $17.3 million in Q4 2013, compared to $14.4 million in Q4 2012.
The statement also listed sales achievements, including the closing of five contracts in excess of $1 million in recognized license revenue for Q4 2013. Additional achievements include software license agreements with 12 new customers and expanded relationships with existing customers such as Heineken Enterprise, Philips-Van Heusen and Toys R Us.
Advertisement
“We’re very pleased with our 2013 Q4 and full year financial performance and operating metrics,” said Eddie Capel, Manhattan Associates President and CEO. “As important, we significantly strengthened the company and improved our market position. In the new omnichannel world of supply chain commerce, we continue to make substantial investments in our people, products and technology to deliver innovation that meets the demands of this emerging market and extends our leadership role. Despite continuing uncertainties in the global macro environment, we expect to continue to strive to enhance our market position and improve our financial results throughout 2014.”
