India, April 22 -- Manhattan Associates, Inc. (MANH), a Supply Chain and Omnichannel Commerce Solutions provider, announced Tuesday first-quarter results for the fiscal year of 2025.
In its first quarter a net income of $52.6 million or earnings per share of $0.85, compared to net income of $53.8 million or EPS of $0.86 in the first quarter of last year, primarily driven by increased costs of cloud subscriptions, maintenance and services, and a higher income tax provision.
Adjusted net income increased to $73.0 million, up from $64.3 million, reflecting a rise of $8.7 million, while adjusted EPS rose to $1.19 from $1.03, an increase of $0.16.
Total revenue rose three percent to $262.8 million from $254.6 million, driven by cloud subscrip...