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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 265M | 4.4% |
Gross Profit | 104M | 12.2% |
Cost of Revenue | 162M | 0.1% |
Operating expense | 77M | 0.5% |
Net Income | 53M | 1.9% |
EBITDA | 70M | 17.9% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 665M | 1.4% |
Total Liabilities | 425M | 2.4% |
Total Equity | 241M | 0.4% |
Shares Outstanding | 61M | 0.5% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 73M | 33.8% |
Cash from investing | -2.2M | 4.5% |
Cash from financing | -76M | 33.5% |
EPS
Financial Highlights for Manhattan Associates in Q2 '24
Manhattan Associates reported a revenue of 265M, which is a 4.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 104M, marking a 12.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 162M, a -0.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 77M, showing a -0.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 53M, showing a -1.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 70M, showing a 17.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Manhattan Associates faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.