Manhattan reports record Q3 profits

   The supply chain commerce solutions provider Manhattan Associates reported record operating profit in the third quarter.
   The company, which provides a range of software solutions, including transportation management, said operating profit rose by 34.4 percent to $32 million in the quarter. Revenue rose by 12.5 percent to $107.8 million.
   “We’re pleased with our third-quarter performance in a generally tepid macro environment,” said Manhattan Associates President and Chief Executive Officer Eddie Capel. “The financial results and operating metrics were solid, and our competitive win rate remains strong. In the new omni-channel world of supply chain commerce, getting closer to customers and customer loyalty is the centerpiece challenge for industry leaders, and we continue to make substantial investments in our people and technology to deliver innovation to meet the demands of this emerging market. Our outlook for the balance of 2013 and beyond remains quite positive.”