Atlanta-based Manhattan Associates is hiring again after laying off 140 people last year, the company said Tuesday as it announced second quarter financial results.
The logistics technology company said it added 50 employees in the second quarter and is hiring 100 more, mostly technology associates in Atlanta. The company has 900 employees in the metro area.
Revenue rose 33 percent in the second quarter to $77.6 million. Profit was $8.2 million, or 36 cents a share, compared to a loss of $556,000 a year ago, or 2 cents a share.
Pete Sinisgalli, Manhattan Associates' president and chief executive, said he was pleased with the results, which show the firm’s “strengthening competitive position.”
Manhattan signed or expanded relationships with Avon Products, Benjamin Moore & Co., Dick's Sporting Goods, McKesson Corp., Guangdong Xin Yang Logistics Equipment and Guangzhou Fengshen Logistics Co. It said it had two contracts worth $1 million or more in license revenue.
The company also repurchased about 869,000 shares for $25 million in the quarter at an average share price of $28.77. In July, the company’s board approved another $25 million share repurchase.
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