Manhattan Associates Reports Q4 Earnings, Beats Expectations

Earnings report reveals growth for Manhattan Associates. The company's Q4 earnings, despite a slight decline from last year, surpassed analyst expectations, indicating a resilient performance in a competitive market.

Date: 29-01-2025

AI Rating: 7

Earnings Per Share (EPS): Manhattan Associates reported an EPS of $0.77 for the fourth quarter, down from $0.78 in the same period last year. However, this figure exceeded analysts' expectations of $1.06 per share when excluding special items, reflecting strong operational performance despite the decline.

Revenue Growth: The company achieved a revenue growth of 7.4%, totaling $255.80 million compared to $238.26 million the previous year. This increase indicates a healthy demand for the company's solutions and could positively influence investor sentiment.

Net Income: The net income for the quarter was $48.02 million, down from $48.74 million last year. While this represents a decrease, the underlying adjusted earnings of $72.70 million suggest that the company still performed well on a non-GAAP basis.

Overall, the report indicates that while earnings per share decreased, the company beat expectations and showed strong revenue growth, which could instill confidence among investors and positively affect stock prices.

Stocks: MANH