Core Viewpoint - Manhattan Associates reported quarterly earnings of $1.31 per share, exceeding the Zacks Consensus Estimate of $1.12 per share, and showing an increase from $1.18 per share a year ago, resulting in an earnings surprise of +16.96% [1][2] Financial Performance - The company achieved revenues of $272.42 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.47%, and up from $265.32 million year-over-year [2] - Over the last four quarters, Manhattan Associates has consistently exceeded consensus EPS estimates [2] Stock Performance - Shares of Manhattan Associates have declined approximately 26.1% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.16 on revenues of $270.53 million, and for the current fiscal year, it is $4.57 on revenues of $1.06 billion [7] - The trend of earnings estimate revisions prior to the earnings release was mixed, which may influence future stock performance [6] Industry Context - The Computer - Software industry, to which Manhattan Associates belongs, is currently ranked in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Financial Data and Key Metrics Changes - Total revenue for Q2 was $272 million, up 3% year-over-year [28] - Cloud revenue increased 22% to $100 million, while services revenue declined 6% to $129 million [29] - Adjusted operating profit was $101 million with an adjusted operating margin of 37.1%, up 210 basis points year-over-year [31] - Adjusted earnings per share (EPS) for Q2 was $1.31, up 11%, and GAAP EPS was $0.93, up 9% [31] Business Line Data and Key Metrics Changes - RPO (Remaining Performance Obligations) increased 26% year-over-year to $2.01 billion [29] - More than 70% of new cloud bookings were generated from net new logos, with new logos representing approximately 35% of the current pipeline [12][29] - The company experienced strong cross-selling results, with roughly 80% of customers that bought MATM also purchasing or having previously purchased MAWM [24] Market Data and Key Metrics Changes - The company reported solid performance across diverse end markets, including retail, grocery, food distribution, life sciences, and technology [12] - FX volatility provided a $29 million tailwind to sequential RPO growth and a $28 million tailwind to year-over-year RPO growth [28] Company Strategy and Development Direction - The company is strategically increasing investment in sales and marketing to accelerate sales velocity and drive market share gains [13] - New partnerships with Google and Shopify are expected to enhance product accessibility and drive quicker adoption of solutions [16][17] - The company is focused on enhancing its unified product platform and has created a product council to co-innovate with customers [25] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about long-term opportunities despite a volatile global macro environment [10] - The company is raising its full-year total revenue, operating margin, and EPS outlook based on strong first-half performance [34] - Management expressed confidence in sustaining 20% growth in cloud subscription revenue, supported by a large booked business in RPO [48] Other Important Information - The company ended Q2 with $231 million in cash and zero debt, having invested $50 million in share repurchases during the quarter [32] - The average contract duration remains at 5.5 to 6 years, with some customers opting for longer ramp timelines [30] Q&A Session Summary Question: On supply chain unification and potential enhancements - Management is doubling down on investment in unification through engineering teams and customer engagement [44][46] Question: Confidence in sustaining 20% growth in cloud subscription revenue - Management remains confident due to a solid booked business in RPO and ongoing pipeline strength [48] Question: Insights on go-to-market investments and their potential impact - New hires and partnerships are expected to enhance market awareness and drive revenue growth [56][59] Question: Status of on-premise to cloud migration - Approximately 20% of on-premise customers have started the conversion to cloud, with ongoing efforts to accelerate this process [67] Question: Impact of ERP migrations on new customer acquisitions - ERP changes are creating opportunities for new customer pipelines as companies reassess their supply chain needs [70] Question: Trends in CIOs' investment decisions post-Liberation Day - Forward-leaning companies are continuing to invest in supply chain solutions, recognizing their strategic importance [89] Question: Updates on marketing efforts and market awareness - The company is actively searching for a Chief Marketing Officer to enhance market presence [91]

Financial Data and Key Metrics Changes - Total revenue for Q2 was $272 million, up 3% year-over-year [27] - Cloud revenue increased 22% to $100 million, while services revenue declined 6% to $129 million [28] - Adjusted operating profit was $101 million with an adjusted operating margin of 37.1%, up 210 basis points year-over-year [30] - Adjusted earnings per share (EPS) for Q2 was $1.31, up 11%, and GAAP EPS was $0.93, up 9% [30] - Free cash flow margin was 26% with a 38% adjusted EBITDA margin [30] Business Line Data and Key Metrics Changes - RPO (Remaining Performance Obligations) increased 26% year-over-year to $2.01 billion [28] - More than 70% of new cloud bookings were generated from net new logos, with new logos representing approximately 35% of the current pipeline [12] - The average contract duration remains at 5.5 to 6 years, with 38% of RPO expected to be recognized as revenue over the next 24 months [29] Market Data and Key Metrics Changes - The company experienced strength from new customers across diverse end markets, including retail, grocery, life sciences, and technology [12] - Win rates against top five competitors remained consistent at over 70% [12] Company Strategy and Development Direction - The company is strategically increasing investment in sales and marketing to accelerate sales velocity and drive market share gains [13] - New partnerships with Google and Shopify are expected to enhance product accessibility and customer acquisition [15][16] - The company is focused on unifying its product portfolio to drive cross-selling opportunities, with 80% of customers purchasing multiple products [24] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about long-term opportunities despite a volatile global macro environment [11] - The company is raising its full-year total revenue, operating margin, and EPS outlook based on strong first-half performance [33] - Management expressed confidence in sustaining 20% growth in cloud subscription revenue, supported by a large booked business in RPO [46] Other Important Information - The company has zero debt and ended the quarter with $231 million in cash [31] - A share repurchase program of $150 million has been executed year-to-date, with an additional $100 million approved by the Board [31] Q&A Session Summary Question: On supply chain unification and potential enhancements - Management is doubling down on investment in unification through dedicated engineering teams and customer engagement initiatives [41][44] Question: Confidence in sustaining cloud subscription revenue growth - Management remains confident in sustaining 20% growth due to a solid booked business and expanding total addressable market (TAM) [46][49] Question: Go-to-market investment areas and their potential impact - New hires and partnerships are expected to enhance market awareness and drive revenue growth, particularly in POS and TMS markets [56] Question: Status of on-premise to cloud migration - Approximately 20% of on-premise customers have started the conversion to cloud, with ongoing efforts to accelerate this process [65] Question: Impact of ERP migrations on new customer acquisition - ERP migrations are creating opportunities for new customer acquisitions as companies reassess their supply chain needs [67] Question: Trends in the macro environment and customer investment behavior - CIOs are increasingly recognizing the importance of investing in supply chain solutions despite macro uncertainties [85] Question: Updates on marketing initiatives and awareness - The company is actively searching for a Chief Marketing Officer to enhance market presence and awareness [88]

Executive Summary [Q2 2025 Performance Highlights](index=1&type=section&id=Q2%202025%20Performance%20Highlights) Manhattan Associates reported strong Q2 2025 results with increased consolidated revenue, significant cloud revenue growth, and RPO surpassing the $2 billion milestone | Metric | Q2 2025 | Q2 2024 | | :--------------------------- | :------ | :------ | | Consolidated Total Revenue | $272.4M | $265.3M | | GAAP Diluted EPS | $0.93 | $0.85 | | Non-GAAP Adjusted Diluted EPS | $1.31 | $1.18 | - RPO Bookings increased **26%** over the prior year, surpassing the **$2 billion milestone**[1](index=1&type=chunk)[3](index=3&type=chunk) - Cloud revenue grew by **22%** in Q2 2025[3](index=3&type=chunk) [CEO Commentary and Strategic Outlook](index=1&type=section&id=CEO%20Commentary%20and%20Strategic%20Outlook) The CEO highlighted record Q2 results driven by strong cloud demand and expressed optimism about the company's business fundamentals and sustained growth opportunities - Manhattan delivered record second quarter results, with solid demand driving Q2 cloud revenue growth of **22%** and RPO surpassing the **$2 billion milestone**[3](index=3&type=chunk) - The company believes its cloud platform leadership advantage positions it as the clear choice for modern supply chain commerce solutions, despite a challenging global macro environment[4](index=4&type=chunk) - The unified cloud platform is expected to increase leadership advantage, expand the addressable market, and drive optimal results for customers[4](index=4&type=chunk) Financial Results Overview [Second Quarter 2025 Financial Summary](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Summary) Q2 2025 saw increased consolidated revenue driven by robust cloud subscription growth, with positive year-over-year growth in operating income and diluted EPS | Metric | Q2 2025 (Millions) | Q2 2024 (Millions) | YoY Change | | :----------------------- | :----------------- | :----------------- | :--------- | | Consolidated Total Revenue | $272.4 | $265.3 | +2.7% | | Cloud Subscription Revenue | $100.4 | $82.4 | +21.8% | | License Revenue | $1.5 | $3.1 | -51.6% | | Services Revenue | $128.9 | $136.8 | -5.8% | | GAAP Diluted EPS | $0.93 | $0.85 | +9.4% | | Adjusted Diluted EPS | $1.31 | $1.18 | +11.0% | | GAAP Operating Income | $73.8 | $68.2 | +8.2% | | Adjusted Operating Income| $101.1 | $92.9 | +8.8% | | Cash Flow from Operations| $74.0 | $73.3 | +1.0% | | Cash Balance (June 30, 2025) | $230.6 | N/A | N/A | | Days Sales Outstanding (June 30, 2025) | 70 days | N/A | N/A | - The company repurchased **262,341 shares** of common stock for **$49.6 million** during Q2 2025 and the Board of Directors replenished the share repurchase authority to an aggregate of **$100.0 million**[7](index=7&type=chunk) [Six Months 2025 Financial Summary](index=2&type=section&id=Six%20Months%202025%20Financial%20Summary) For the first six months of 2025, consolidated revenue increased, driven by a significant rise in cloud subscription revenue and improvements in earnings and cash flow | Metric | 6 Months 2025 (Millions) | 6 Months 2024 (Millions) | YoY Change | | :----------------------- | :----------------------- | :----------------------- | :--------- | | Consolidated Total Revenue | $535.2 | $519.9 | +2.9% | | Cloud Subscription Revenue | $194.7 | $160.4 | +21.4% | | License Revenue | $10.8 | $5.9 | +83.1% | | Services Revenue | $250.0 | $269.0 | -7.0% | | GAAP Diluted EPS | $1.78 | $1.71 | +4.1% | | Adjusted Diluted EPS | $2.50 | $2.21 | +13.1% | | GAAP Operating Income | $137.0 | $125.8 | +8.9% | | Adjusted Operating Income| $192.3 | $172.6 | +11.4% | | Cash Flow from Operations| $149.3 | $128.0 | +16.6% | - During the six months ended June 30, 2025, the company repurchased **801,669 shares** of common stock for a total investment of **$149.6 million**[8](index=8&type=chunk) 2025 Financial Guidance [Full Year 2025 Outlook](index=4&type=section&id=Full%20Year%202025%20Outlook) The company provided full-year 2025 guidance projecting modest growth in total revenue and adjusted diluted EPS, with specific ranges for operating margins | Metric | 2025 Guidance Range | % Growth Range | | :-------------------- | :------------------ | :------------- | | Total Revenue | $1,071 - $1,075 M | 3% | | GAAP Operating Margin | 24.1% - 24.6% | | | Adjusted Operating Margin | 34.8% - 35.3% | | | GAAP EPS | $3.23 - $3.31 | -8% to -6% | | Adjusted EPS | $4.76 - $4.84 | 1% to 3% | [Non-GAAP Adjustments and Definitions](index=4&type=section&id=Non-GAAP%20Adjustments%20and%20Definitions) Non-GAAP financial measures are used to clarify core operating performance by excluding items like equity-based compensation and restructuring expenses - Non-GAAP measures exclude equity-based compensation, an expense related to an unusual health insurance claim, restructuring expense, and related income tax effects[9](index=9&type=chunk)[13](index=13&type=chunk) - An unusual health insurance claim is excluded from adjusted non-GAAP results due to its uncommonly large magnitude and nature[9](index=9&type=chunk)[23](index=23&type=chunk) - Restructuring expense from the elimination of approximately 100 positions is excluded from adjusted non-GAAP results as it is not a common operating cost[9](index=9&type=chunk)[23](index=23&type=chunk) Corporate Information [Conference Call Information](index=5&type=section&id=Conference%20Call%20Information) A conference call was held on July 22, 2025, to discuss Q2 financial results, with a webcast available on the company's investor relations website - A conference call was held on July 22, 2025, at 4:30 p.m. Eastern Time[11](index=11&type=chunk) - A live webcast and recording of the conference call are available on the investor relations section of the Manhattan Associates website at ir.manh.com[10](index=10&type=chunk)[11](index=11&type=chunk) [About Manhattan Associates](index=6&type=section&id=About%20Manhattan%20Associates) Manhattan Associates is a global technology leader in supply chain and omnichannel commerce solutions, providing leading-edge cloud platforms - Manhattan Associates is a global technology leader in supply chain and omnichannel commerce[14](index=14&type=chunk) - The company unites information across the enterprise, converging front-end sales with back-end supply chain execution[14](index=14&type=chunk) - They design, build, and deliver leading-edge cloud solutions to help customers reap the rewards of the omnichannel marketplace[15](index=15&type=chunk) [Forward-Looking Statements Disclaimer](index=4&type=section&id=Forward-Looking%20Statements%20Disclaimer) The press release contains forward-looking statements subject to risks and uncertainties, and the company undertakes no obligation to update these statements - Forward-looking statements are not guarantees of future performance and involve risks and uncertainties, with actual results potentially differing materially[16](index=16&type=chunk) - Key risk factors include economic conditions, competitive and pricing pressures, software errors, global instability, and other factors detailed in SEC filings[16](index=16&type=chunk) - Manhattan Associates disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions or unanticipated events[10](index=10&type=chunk)[16](index=16&type=chunk) Condensed Consolidated Financial Statements [Condensed Consolidated Statements of Income](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) These statements detail revenue and expenses for Q2 and the first six months of 2025, highlighting strong cloud subscription growth and increased net income | Revenue Category (Thousands) | Q2 2025 | Q2 2024 | 6 Months 2025 | 6 Months 2024 | | :--------------------------- | :------ | :------ | :------------ | :------------ | | Cloud subscriptions | $100,422 | $82,361 | $194,728 | $160,388 | | Software license | $1,528 | $3,061 | $10,820 | $5,871 | | Maintenance | $35,057 | $35,273 | $67,201 | $70,245 | | Services | $128,899 | $136,831 | $250,026 | $269,026 | | Hardware | $6,515 | $7,792 | $12,433 | $14,340 | | Total Revenue | $272,421 | $265,318 | $535,208 | $519,870 | | Operating Income | $73,788 | $68,188 | $136,960 | $125,818 | | Net Income | $56,780 | $52,766 | $109,362 | $106,567 | | Diluted EPS | $0.93 | $0.85 | $1.78 | $1.71 | [Reconciliation of Selected GAAP to Non-GAAP Measures](index=8&type=section&id=Reconciliation%20of%20Selected%20GAAP%20to%20Non-GAAP%20Measures) This section reconciles GAAP to non-GAAP measures, adjusting for items like equity-based compensation to clarify underlying operational performance | Metric (Thousands) | Q2 2025 GAAP | Q2 2025 Non-GAAP | 6 Months 2025 GAAP | 6 Months 2025 Non-GAAP | | :----------------- | :----------- | :--------------- | :----------------- | :--------------------- | | Operating Income | $73,788 | $101,071 | $136,960 | $192,340 | | Net Income | $56,780 | $80,121 | $109,362 | $153,094 | | Diluted EPS | $0.93 | $1.31 | $1.78 | $2.50 | - Total equity-based compensation, a key adjustment, amounted to **$24.3 million** in Q2 2025 and **$53.1 million** for the six months ended June 30, 2025[21](index=21&type=chunk)[22](index=22&type=chunk) - Adjustments also include an unusual health insurance claim (**$3.0 million** expense in Q2 2025) and restructuring expense (**$2.9 million** for six months 2025), both excluded from non-GAAP results[21](index=21&type=chunk)[23](index=23&type=chunk) [Condensed Consolidated Balance Sheets](index=10&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheets show the company's financial position as of June 30, 2025, reflecting a decrease in cash and an increase in deferred revenue | Balance Sheet Item (Thousands) | June 30, 2025 | December 31, 2024 | | :----------------------------- | :------------ | :---------------- | | Total Assets | $744,684 | $757,551 | | Cash and cash equivalents | $230,593 | $266,230 | | Accounts receivable, net | $209,843 | $205,475 | | Deferred revenue | $299,836 | $277,970 | | Total Shareholders' Equity | $278,759 | $299,126 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Cash flow statements for the first six months of 2025 show a significant increase in net cash from operations, with financing activities dominated by stock repurchases | Cash Flow Item (Thousands) | 6 Months 2025 | 6 Months 2024 | | :------------------------- | :------------ | :------------ | | Net cash from operating activities | $149,310 | $128,000 | | Net cash used in investing activities | $(4,871) | $(4,538) | | Net cash used in financing activities | $(186,638) | $(189,546) | | Net change in cash and cash equivalents | $(35,637) | $(68,032) | | Cash and cash equivalents at end of period | $230,593 | $202,709 | - Repurchase of common stock was the primary use of cash in financing activities, totaling **$186.6 million** for the six months ended June 30, 2025[27](index=27&type=chunk) Supplemental Financial Data [Quarterly GAAP and Adjusted EPS](index=12&type=section&id=Quarterly%20GAAP%20and%20Adjusted%20EPS) This section provides a quarterly breakdown of GAAP and Adjusted Diluted EPS for 2024 and H1 2025, detailing specific non-GAAP adjustments | Metric | Q1 2024 | Q2 2024 | Q1 2025 | Q2 2025 | YTD 2025 | | :-------------------- | :------ | :------ | :------ | :------ | :------- | | GAAP Diluted EPS | $0.86 | $0.85 | $0.85 | $0.93 | $1.78 | | Adjusted Diluted EPS | $1.03 | $1.18 | $1.19 | $1.31 | $2.50 | | Equity-based compensation adjustment | $0.30 | $0.34 | $0.40 | $0.35 | $0.74 | [Revenue and Operating Income by Reportable Segment](index=12&type=section&id=Revenue%20and%20Operating%20Income%20by%20Reportable%20Segment) This section breaks down revenue and operating income by segment, with the Americas consistently representing the largest portion of both | Segment (Thousands) | Q2 2025 Revenue | Q2 2024 Revenue | Q2 2025 GAAP Op. Income | Q2 2025 Adj. Op. Income | | :------------------ | :-------------- | :-------------- | :---------------------- | :---------------------- | | Americas | $206,606 | $205,955 | $48,051 | $75,334 | | EMEA | $52,301 | $46,918 | $19,807 | $19,807 | | APAC | $13,514 | $12,445 | $5,930 | $5,930 | | Total | $272,421 | $265,318 | $73,788 | $101,071 | [Impact of Currency Fluctuation](index=13&type=section&id=Impact%20of%20Currency%20Fluctuation) Foreign currency exchange rate changes had a positive impact on Q2 2025 revenue and operating income | Metric (Thousands) | Q2 2025 Impact | 6 Months 2025 Impact | | :----------------- | :------------- | :------------------- | | Revenue | $2,724 | $1,133 | | Operating income | $1,544 | $1,919 | | Indian Rupee impact on Operating income | $514 | $1,299 | [Other Income Components](index=13&type=section&id=Other%20Income%20Components) This table breaks down other income components, with interest income being a significant contributor | Component (Thousands) | Q2 2025 | Q2 2024 | 6 Months 2025 | 6 Months 2024 | | :-------------------- | :------ | :------ | :------------ | :------------ | | Interest income | $852 | $1,503 | $1,953 | $2,917 | | Foreign currency gains (losses) | $(65) | $(577) | $65 | $(953) | | Other non-operating income (expense) | $(72) | $(12) | $34 | $142 | | Total other income (loss) | $715 | $914 | $2,052 | $2,318 | [Capital Expenditures](index=13&type=section&id=Capital%20Expenditures) This section summarizes capital expenditures, which amounted to $3.98 million in Q2 2025 | Period | Capital Expenditures (Thousands) | | :----- | :------------------------------- | | Q2 2025 | $3,980 | | YTD 2025 | $4,871 | | Q2 2024 | $2,217 | | YTD 2024 | $4,538 | [Stock Repurchase Activity](index=14&type=section&id=Stock%20Repurchase%20Activity) The company repurchased 263,000 shares for $49.6 million under its buyback program in Q2 2025 | Metric (Thousands) | Q2 2025 | YTD 2025 | Q2 2024 | YTD 2024 | | :----------------- | :------ | :------- | :------ | :------- | | Shares purchased under buy-back program | 263 | 802 | 343 | 637 | | Total cash paid for shares purchased under buy-back program | $49,596 | $149,596 | $74,999 | $148,410 | [Remaining Performance Obligations (RPO)](index=14&type=section&id=Remaining%20Performance%20Obligations%20(RPO)) RPO reached $2.01 billion as of June 30, 2025, with over 98% attributed to cloud native subscriptions | Date | RPO (Thousands) | | :--------------- | :-------------- | | March 31, 2024 | $1,516,430 | | June 30, 2024 | $1,601,531 | | September 30, 2024 | $1,686,421 | | December 31, 2024 | $1,780,400 | | March 31, 2025 | $1,891,384 | | June 30, 2025 | $2,013,756 | - Over **98%** of RPO represents cloud native subscriptions with non-cancelable terms greater than one year[33](index=33&type=chunk)

Core Insights - Wall Street analysts forecast that Manhattan Associates (MANH) will report quarterly earnings of $1.12 per share, indicating a year-over-year decline of 5.1% [1] - Anticipated revenues are projected to be $263.29 million, reflecting a decrease of 0.8% compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 0.7% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are critical for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Estimates - Analysts estimate 'Revenue- Software license' will reach $1.94 million, a year-over-year decline of 36.7% [5] - 'Revenue- Hardware' is expected to be $6.47 million, down 17% from the prior-year quarter [5] - 'Revenue- Services' is projected at $125.36 million, indicating a year-over-year change of -8.4% [5] - 'Revenue- Maintenance' is estimated at $29.93 million, reflecting a year-over-year decline of 15.2% [6] - 'Revenue- Cloud subscriptions' is expected to reach $99.53 million, showing a positive change of 20.8% from the year-ago quarter [6] Stock Performance - Manhattan Associates shares have increased by 8.5% in the past month, outperforming the Zacks S&P 500 composite, which rose by 5.4% [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]

Group 1 - Manhattan Associates (MANH) is positioned to maintain its earnings-beat streak, particularly in the upcoming report, with a history of beating earnings estimates [1][5] - The company reported earnings of $1.02 per share for the most recent quarter, which was a surprise of 16.67% compared to the expected $1.19 per share [2] - In the previous quarter, Manhattan Associates exceeded the consensus estimate of $1.06 per share by reporting $1.17 per share, resulting in a surprise of 10.38% [2] Group 2 - Earnings estimates for Manhattan Associates have been trending higher, supported by its earnings surprise history [5] - The stock has a positive Zacks Earnings ESP of +1.07%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The next earnings report for Manhattan Associates is anticipated to be released on July 22, 2025 [8] Group 3 - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [9]

Group 1 - The article discusses the positions of analysts and their affiliations with various stocks, specifically mentioning that Anand Chokkavelu, Lou Whiteman, and Tyler Crowe have no positions in the stocks mentioned [1] - The Motley Fool has positions in and recommends Manhattan Associates, indicating a positive outlook on the company [1]

Core Viewpoint - A lawsuit is pending against Manhattan Associates, Inc. for alleged violations of securities laws, with claims that the company misled investors regarding its revenue outlook and growth potential [2]. Group 1: Lawsuit Details - The lawsuit was filed by an investor on February 25, 2025, alleging that Manhattan Associates made false and misleading statements about its financial health and growth prospects [2]. - The plaintiff claims that the company created a false impression of having reliable information about its projected revenue and growth while downplaying risks associated with seasonality and macroeconomic fluctuations [2]. - It is asserted that the company's optimistic reports on growth in its professional services did not align with the actual performance, particularly in light of macroeconomic challenges [2]. Group 2: Investor Information - Shareholders who purchased shares of Manhattan Associates prior to October 2024 and continue to hold them are encouraged to contact the Shareholders Foundation for options regarding the lawsuit [1][3]. - The Shareholders Foundation provides services related to shareholder issues, including information on securities class actions and legal news relevant to the financial market [3].

SAN DIEGO, April 30, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP notifies investors that it has commenced an investigation into whether Manhattan Associates, Inc. (NASDAQ: MANH) complied with the federal securities laws and state law regarding fiduciary duties owed to the Company and its shareholders. Did you purchase Manhattan Associates securities? If you purchased securities and suffered losses on your investment, or if you are a long time continuous holder of Manhattan Associates stock, join our inves ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Manhattan Associates, Inc. due to allegations of false and misleading statements regarding the company's expected revenue for fiscal year 2025, following a significant drop in stock price after the release of disappointing financial results [3][5][6]. Group 1: Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Manhattan Associates to contact them for discussing legal options [1]. - The firm is reminding investors of the April 28, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Manhattan Associates [3]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Manhattan Associates' conduct [8]. Group 2: Financial Performance and Impact - On January 28, 2025, Manhattan Associates announced reduced revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and higher partner utilization [6]. - Following the announcement, Manhattan Associates' stock price fell from $295.10 to $222.84, a decline of approximately 24.49% in one day [6]. - The complaint alleges that the company and its executives made misleading statements about their revenue forecasts and growth potential [5].