Manhattan Associates posts record annual profit

Atlanta-based supply chain software firm Manhattan Associates reported a $67.3 million profit for 2013, up nearly 30 percent as it gained new customers and grew its business with existing clients.

The company’s net income came to a record 86 cents per diluted share, up from 64 cents in 2012. Revenue grew to $414.5 million, up from $376.2 million the previous year.

The full-year results included a $16.8 million profit for the fourth quarter of 2013, up from $12.5 million in the same period of 2012.

Looking forward, Manhattan Associates’ chief executive Eddie Capel said he expects to improve the company’s market position and financial results throughout 2014, in spite of “continuing uncertainties in the global macro environment.”

About the Author

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

In the market for a luxury vehicle? You might reconsider Lincoln.

The definition of “luxury” has shifted. It’s no longer just a softer ride with more chrome and gadgets; the real battle now is over experience. Lincoln is leaning in.

Flying for Thanksgiving? Here are tips for navigating Atlanta’s airport

Here’s the AJC's guide to what’s under construction at the airport and what to watch for if you’re traveling this Thanksgiving holiday.

The Latest

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Credit: Miguel Martinez

‘Worst nightmares come true.’ Atlanta confronts shift in homelessness funding.

Trump’s overhaul threatens permanent housing for an estimated 600 Atlanta households and 170,000 people nationwide, advocates warn.

Microsoft’s newest AI ‘superfactory’ opens at sprawling Fayetteville campus

One of the largest data center campuses under construction in Georgia has its first operational tenant, and it’s one of the most recognizable names in technology.

Atlanta officials quietly rebrand city’s DEI office

The city of Atlanta office overseeing diversity, equity and inclusion is getting a rebrand amid assaults at the federal level on such initiatives.