Manhattan Associates, Inc. Q3 2008 Earnings Call Transcript

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2008-10-21 16:12:12.0

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Earnings Call Excerpt

Manhattan Associates, Inc. (MANH)

Q3 2008 Earnings Call

October 21, 2008 4:30 pm ET

Executives

Peter F. Sinisgalli – President & Chief Executive Officer

Dennis Story - Chief Financial Officer

Analysts

Michael Huang - ThinkPanmure

Mark Schappel - The Benchmark Company

Presentation

Operator

Good afternoon. My name is Renita, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the Manhattan Associates third quarter 2008 earnings conference call. (Operator Instructions).

As a reminder, this call is being recorded today, Tuesday, October 21, 2008. I would now like to introduce Mr. Dennis Story, Chief Financial Officer of Manhattan Associates.

Dennis Story

Thank you and good afternoon, everyone. Welcome to Manhattan Associates’ 2008 third quarter earnings call. Before we launch into the results discussion, I will review our cautionary language, and then turn the call over to Pete Sinisgalli, our CEO.

During this call, including the question-and-answer session, we may make forward-looking statements regarding future events or future financial performance of Manhattan Associates. You are cautioned that these forward-looking statements involve risks and uncertainties, are not guarantees of future performance, and that actual results may differ materially from those in our forward-looking statements. I refer you to the reports that Manhattan Associates files with the SEC for important factors that could cause actual results to differ materially from those in our projections, particularly our annual report on Form 10-K for fiscal 2007, and the risk factor discussion in that report. We are under no obligation to update these statements.

In addition, our comments will cover certain non-GAAP financial measures. These measures are not in accordance with, or an alternative for, GAAP and may be different from non-GAAP measures used by other companies. We believe that this presentation of certain non-GAAP measures facilitates investors’ understanding of our historical operating trends with useful insights into our profitability, exclusive of unusual adjustments. Our Form 8-K filed today with the SEC and available from our website, www.manh.com, contains important disclosures about our use of non-GAAP measures. In addition, our earnings release filed with the Form 8-K reconciles our non-GAAP measures to the most directly comparable GAAP measures.

Now I will turn the call over to Pete.

Peter F. Sinisgalli

Welcome to our third quarter earnings call. I will start by reviewing highlights from the quarter. Dennis will then get into details of our financial results. I will follow with additional details about our business and provide a view of the fourth quarter of 2008 and then we will move to questions.

 

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