afternoon Well, right. All Thank Matt. everyone. good you,
the sacrifices of first those we them commendations, also appropriately they're Associates our for world. the and and Manhattan care that corner in great Before personal making that dedication amazing at some every to are thanking want and to Manhattan and keep to healthy of I and the from us thanks for their join world, I unwell. respect take COVID-XX Associates, of opportunity to workers, recognize receiving responders related healthcare comments this thank The are begin my heroes
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for you So everything thanks that do. again
to in our joining back results, you approaches first the the review employed and to today's innovative we've So we've circumstances. actions taken XXXX Manhattan us for and Associates and as again that quarter adapt we cover thank some to detail that
be COVID-XX on going mind business another the slowing updates Manhattan having last in few providing reported revenue record bearing to globally. Additionally, impact is to of financial we're guidance, in that March. despite the our quarter our activities weeks business
Specifically, of total we earnings up year-over-year revenue share adjusted of per diluted X% million that's $X.XX. $XXX and reported
outperformance expense combined Our the cloud management and drove businesses period. our with license in
the remainder remainder forecast for for our a that visibility well feel into detail Reflecting the well much in But will we impacts our of in as level year. the full know most occurring events light this and that have a the that our may global they of uncertain taking have business. of as conservatism the moment. year. investors into more Dennis what go as as what the guidance. we’ve Now our COVID-XX. result on the the in we our business of an into time macro of a about we certainly typically appropriate cautioned in disclaimer Then is is we're And year as expectations reflected volatility the fitting And we impacts such, into today,
it timing to be recovery has remains Although wildcard. the certainly said,
we As in a term today's any we've are business a in we of These We we're company. to steps the weeks further pivot our every in cloud precautionary that steps business proactive disruptions, few to term day each prudent to becoming while ago, as view the face taken continue first shoulder taken us and uncertainty. near approaching to as position investing we've in perspective outlined and actions a long with nature, enabling mind.
globally, supplies while swift those on demands to our Furthermore, and needs ensure to and of front our steps taken communities. we've health the local lines delivering for such customers, considering also needed safety especially the the employees of
has and with engage navigate execution ensuring to our to find cash profitable they fully evolved as that their way we're supportive prospects, generation model and innovative Our period, this largely into are we ensuring customers still continue execution. and to continue but through virtual flow on focus a daily ways they
we're review of to to us volatile like when while would will these specific to opportunities more ensuring operating some market on to positioned we environment. I we're this And capitalize period, actions normal manage through return a that allow
our certain suspended being, by global the S. leaders Officer’s by Specifically, other financial we all and of reduced our XX%, repurchase XX%. for Chief XXX(k) match salaries we U. here employees time And program. and program fees our Board U. in Officer’s share our of suspended named We S. officers, the the executive salary Chief salaries our by the Directors’ Executive XX% and
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year. and Importantly, product a economic expecting in despite this million our market million remains we're also development still $XX leading to And $XX global headwinds, priority. innovation invest to research
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market in current QX. from seeing we and volatility, Given some pipeline opportunities QX into QX shifts though, are
to now software different disappeared. from challenging I one This of timing. for is challenge say The have simply demand where though past environments,
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and designs, for business. hundred customer initial That's preparation. conducted a go typical ensure work of with the to go turning But active implementation aspect amount our in build of QX. We're part. lives we’ve and to Now work proactive services customers run taken about rate. our to our project from large a steps and about continues services most live remote And shifted including being kickoffs our of strategy the virtually is services we've
performing difficult or such onsite situations. and limited project are Although, seen as customers certain through own are in this we've time delays business who levels by managing to we distributors, their And grocers controlled focused those on either of who activities, due work the consumed are period. business high so
financial our to seen approximately retail any we XX% Now guidance services impacted, reflect markets, project of cancellations. revenue with medium-term haven't specifically And regard end to near-term notable to updated been and has our this. our we've
we'll to back demand our of taken to majority forward to far expect services allow And engagement would of see we improvise continue continue market and us with moving these meet However, proactive the adapt some order our push thus changing steps projects. in demand. will needs and and to for impacted environment to customer the we've
finally nearly cloud plus Verticals new XX% the XX% retail, deals against government, more were competitive license for rates into remained from driving of quarter across life the on competition our base. pretty net and customers existing with net and diverse front, goods, and revenue marketing And win our food, product sciences. beverage, sales licensing the at consumer than head-to-head either grocery new customer strong XX or percent our cloud of
have of seen. something what we we and some in. software is that in our and a that chain We've not that strategic countless is mission-critical to were the today. success, that changing would their years. the nonetheless, supply And more normal of these such offer response a Now, got recent to the to service living that see their in fulfillment business examples absolutely sales, is of than of who able events worked But we’re environment quickly turning I adapt opportunities, customers all ever that And an before. part as period, we mentioned landscape we whether our highly in felt wished is approaches to or course to have life, for long-term our volatile toward business have earlier, it brought to in customers’
beyond volume through streamlining optimizing and order go but are modern concepts. the chain, saving adaptive actively solutions revenue supply and These generating
let's a So those. few walk through of
let's Firstly, and demand with inventory start optimization. forecasting
application of to is retail. variety a this wide pharmaceutical grocery, to area Our distribution, industries, from specialty deployed across in
as and their the planning exceptionally quickly their to and does damaging and can of our driven of ordering customers surging this models AI will forecasts inventory normal as categories. demand important without underlying That our seeing type pay types these ordering grocery shocks demand and seeing been this towards dividends and forecast distributors, certain many so model and easily. of period we And patterns. move forecasts. ML it's uncertain trend they're COVID-XX that And through product are for they pharmaceutical new base And from immediately process way certainly solutions for responds forecasting and back
our of for the customers it to we're when turn advantage two scalability. adaptability and are supply areas take chain solution, WMS, hearing comes we as And our to example, particular
scaling WMS ecommerce whether by we've typically employed be equipment the holiday their in that so it’d type the average or companies, three know, along experienced seasons. typically customers helping these spikes, And companies, that sales is ship demand support the been come first, seen fulfillment the never two, best flash last volumes medical As out Manhattan scalability what these in grocers, WMS you and pharmaceutical volumes. month that as the with being industry businesses daily times already has to exceptionally and high is four of peak
see retail replenishment otherwise time timeframe. channel seen such consumer capabilities space direct And first And this saw six what volume to to order it well-known they transform a retailer, DC use their imagine, as a lost. and of to this saved that consumer the days, shift one retail is would direct all tandem, of short customers to in replenishment actually direct a has We very flip XX% entire customer, from operation we that have can type typically in their of prevalent. you and our channel to consumer in we've been
shipment transportation our further solution And management rapidly Many chain of on are front. and been relaxed the of to the like supply limitation our by our transportation volumes stores interesting hearing store have stories hours and We're adaptability of also the changes their is while many customers actual environment, XXX%, helping incorporating optimization the their between and increase And our that reconfiguring operating XX% network supply as changes about their service and Transportation. well. hours. to weight power of by engine Department customers of
scores from again long believe but our us Now satisfaction adoption we and position were year. position to globally transportation its helped Magic improve success this within expanding system most the both And in we be our way thrilled, our of its quadrant. recently investment notably perfect, and leader timing we a management published for improve solution and have Quadrant received to providers all, terrific is leaders’ the and Gartner the a customer ongoing
we're and center improve entirely less my the forth inventory particular of note remain how The ways delivery is about those most for that's there’ll of the out And week. store workload stores, ambition fulfillment are stores the some our and driving matter than speed fulfilling the fulfillment days. We same bleed times XX many orders. product be solutions. brick innovative in Whilst need a in to use entire new e-commerce the their seeing solutions anecdotes processes closing expanded in to all stores one customers to use desire monetize the activate volume a expanded our put at leveraged in of fulfillment and omnichannel all solution and off methods of saw to the moment, of A solutions. mortar of customer stores remarks, store of are roll even the to distribution their closed normal
partners be continue our be year, in unified with to customers, some digital our our And significant vision of all annual will commerce. a conference, we month that to still our seeing and advancing I Now did that, format. miss analysts remind we'll want you while next certainly, Momentum. hosting we'll of going announcements our it's And user person, plan this product in that
Dennis you guidance brief So XXXX further I'll discuss to close our is the of that prepared and then covers performance update provide a business going financial update. in broader with full our detail. our an year remarks summary. with And
