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Manhattan Associates: Q1 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Manhattan Associates Inc. (MANH) on Tuesday reported first-quarter earnings of $49.3 million.

On a per-share basis, the Atlanta-based company said it had profit of 82 cents. Earnings, adjusted for stock option expense and pretax expenses, came to $1.24 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The business software company posted revenue of $282.2 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $273 million.

Manhattan Associates expects full-year earnings in the range of $5.29 to $5.37 per share, with revenue in the range of $1.15 billion to $1.16 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANH at https://www.zacks.com/ap/MANH

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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