Manhattan Associates(MANH)

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Manhattan Associates(MANH) - 2025 Q1 - Quarterly Report
2025-04-25 19:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [Mark One] ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-23999 Atlanta, Georgia 30339 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone ...
Manhattan Associates : Corrections Offer A Great Entry Point
Seeking Alpha· 2025-04-24 13:24
Core Viewpoint - Manhattan Associates (NASDAQ: MANH) experienced a significant decline in stock price following weak guidance despite reporting decent Q4 2024 results, raising concerns about performance expectations for upcoming quarters, although the underlying issues are not severe [1] Financial Performance - The company reported decent Q4 2024 results, but the guidance provided was weak, leading to a crash in stock price [1] Market Concerns - There are multiple concerns regarding the performance expectations for the next few quarters, indicating potential challenges ahead for the company [1]
Manhattan Associates: Valuation Is Back At Reasonable Levels (Rating Upgrade)
Seeking Alpha· 2025-04-24 09:54
Tomas Riba is an economist and former Chief Financial Officer. He invests in high-quality companies that can compound their cash flow over the long term.His journey in financial markets started at a young age, and he has been investing since 2007. Following his studies in economics, Tomas initially built his career in accounting.After taking on the role of CFO for a holding company operating in the pharma, medical device, textile, food, and real estate industries, he pursued an academic career. Currently, h ...
Manhattan Associates(MANH) - 2025 Q1 - Earnings Call Transcript
2025-04-22 22:47
Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $263 million, up 3% year-over-year [36] - Cloud revenue increased 21% to $94 million, while services revenue declined 8% to $121 million [37] - RPO ended the quarter at approximately $1.9 billion, up 25% year-over-year and 6% sequentially [38] - Adjusted operating profit was $91 million with an adjusted operating margin of 34.7%, up over 340 basis points year-over-year [40] - Adjusted earnings per share (EPS) for Q1 was $1.19, up 16%, while GAAP EPS was 85 cents, down 1% [41] Business Line Data and Key Metrics Changes - The company experienced a 25% year-over-year increase in RPOs, driven by strong demand for mission-critical solutions [22] - Approximately 50% of new cloud bookings in Q1 were generated from net new logos, indicating strong demand for products [71] - Services team completed over 100 go-lives for customers in Q1, showcasing operational effectiveness [25] Market Data and Key Metrics Changes - The addressable market is forecasted to grow at a double-digit CAGR for the next several years, indicating robust market potential [15] - Competitive win rates remained consistent at about 70%, reflecting strong market positioning [24] - The company has established healthy footprints across diverse sectors including retail, grocery, life sciences, and technology [23] Company Strategy and Development Direction - The company is focused on organic innovation and capital allocation strategy to expand its addressable market [14] - Investment in sales and marketing is prioritized to drive growth and capitalize on new product offerings [64] - The launch of new products like Enterprise Promise and Fulfill aims to optimize B2B order fulfillment, addressing evolving customer needs [26] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding near-term services revenue growth due to macroeconomic uncertainties [21] - The company remains optimistic about its position in the market and long-term growth opportunities despite current challenges [20] - Management reiterated full-year guidance for RPO and total revenue, reflecting confidence in business fundamentals [45] Other Important Information - The company was named Google’s Cloud Business Applications Partner of the Year for supply chain and logistics, highlighting its innovation in the Google Cloud ecosystem [18] - The company ended the quarter with $206 million in cash and zero debt, indicating a strong balance sheet [42] Q&A Session Summary Question: Insights on cloud bookings and RPO dynamics - Management indicated strong pipeline in Q2 and confidence in guidance despite macro uncertainties [59][60] Question: Growth investments and monetization of products - Management plans to invest in sales specialists to drive growth and maintain high win rates [64] Question: Linear progression of bookings and sales activity - Management noted a balanced product portfolio and strong demand across verticals, with high expectations for Q2 [68][71] Question: Resilience of cloud bookings drivers - Management stated that no particular segment is more resilient, but all channels remain important for growth [78][80] Question: Visibility on multi-year ramps and growth trajectory - Management confirmed strong visibility into contract durations and ramp processes, supporting confidence in growth [95][97] Question: FX impact on guidance - Management indicated that FX swings represent less than 1% impact on revenue guidance [104][105] Question: Strength of large deals in the pipeline - Management reported favorable conditions in the pipeline, with confidence in closure rates compared to last year [111][112]
Manhattan Associates (MANH) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-04-22 22:30
Core Insights - Manhattan Associates reported revenue of $262.79 million for the quarter ended March 2025, marking a year-over-year increase of 3.2% and an EPS of $1.19 compared to $1.03 a year ago, with a revenue surprise of +2.29% over the Zacks Consensus Estimate [1] - The EPS surprise was +16.67% compared to the consensus estimate of $1.02 [1] Revenue Breakdown - Software license revenue was $9.29 million, exceeding the three-analyst average estimate of $7.90 million, representing a year-over-year change of +230.7% [4] - Hardware revenue was $5.92 million, below the three-analyst average estimate of $6.81 million, reflecting a year-over-year change of -9.6% [4] - Services revenue was $121.13 million, slightly above the two-analyst average estimate of $117.39 million, showing a year-over-year decline of -8.4% [4] - Maintenance revenue was $32.14 million, surpassing the two-analyst average estimate of $31.52 million, with a year-over-year change of -8.1% [4] - Cloud subscriptions revenue reached $94.31 million, exceeding the two-analyst average estimate of $93.54 million, indicating a year-over-year increase of +20.9% [4] Stock Performance - Shares of Manhattan Associates have returned -9.8% over the past month, compared to the Zacks S&P 500 composite's -8.9% change, with a current Zacks Rank of 3 (Hold) suggesting potential performance in line with the broader market [3]
Manhattan Associates (MANH) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-22 22:16
Manhattan Associates (MANH) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this business software company would post earnings of $1.06 per share when it actually produced earnings of $1.17, delivering a surprise of 10.38%.Over the last four ...
Moore Law Encourages Manhattan Associates, Inc. (NASDAQ: MANH) Investors to Contact Law Firm
Newsfilter· 2025-04-22 21:15
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Moore Law, PLLC, a securities and shareholder law firm located in New York City on Wall Street, is investigating potential claims against: Manhattan Associates, Inc. (NASDAQ:MANH) The investigation concerns alleged false and/or misleading statements and/or failure to disclose a that the company created and/ or its officers and directors created a false impression that they possessed reliable information pertaining to Manhattan Associates' projected revenue outloo ...
Manhattan Associates(MANH) - 2025 Q1 - Quarterly Results
2025-04-22 20:04
Exhibit 99.1 Contact: Michael Bauer Devika Goel Senior Director, Investor Relations Manhattan Associates, Inc. Manhattan Associates, Inc. 678-597-7538 678-597-6754 mbauer@manh.com dgoel@manh.com Senior Manager, Public Relations Manhattan Associates Reports First Quarter Results "Since joining Manhattan, I have been impressed by our platform, products, and people. Our unified cloud portfolio offers best-in-class functionality and Manhattan is the only cloud provider named by industry analysts as a leader acr ...
Robbins LLP Reminds MANH Investors of the Upcoming Lead Plaintiff Deadline in the Manhattan Associates, Inc. Class Action – Contact the Firm Today
GlobeNewswire News Room· 2025-04-21 21:48
Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for allegedly misleading investors about its growth potential and revenue forecasts during a specified period [1][2]. Summary by Sections Allegations - The complaint claims that during the class period, Manhattan Associates provided investors with optimistic information regarding its expected revenue for fiscal year 2025, including confidence in forecasting despite macroeconomic challenges and the growth potential of its professional services [2]. - It is alleged that the company failed to disclose its actual capability to deliver responsible growth targets, suggesting that either the company was not equipped to meet these targets or its services were inadequate [2]. Financial Results and Stock Impact - On January 28, 2024, Manhattan Associates released its financial results for Q4 and the full fiscal year 2024, along with a reduced revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and reduced customization [3]. - Following this announcement, the stock price fell from $295.10 per share on January 28, 2025, to $222.84 per share on January 29, 2025, marking a decline of over 24% [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Manhattan Associates, with a deadline to file as lead plaintiff by April 28, 2025 [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4]. Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].
Manhattan Associates, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 28, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-18 20:46
Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for allegedly making false and misleading statements regarding its growth forecasts during the Class Period from October 22, 2024, to January 28, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Manhattan Associates issued positive statements while concealing adverse facts about its ability to forecast growth in professional services [3]. - Allegations include that the company was either unable to set responsible growth targets or that its services were inadequate to meet those targets [3]. - Investors are encouraged to file a lead plaintiff motion by April 28, 2025, to participate in the class action [1]. Group 2: Investor Information - Investors can contact attorney Lesley F. Portnoy for legal rights discussions and complimentary case evaluations [2]. - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].