Revenue Performance - Consolidated total revenue for Q3 2025 was $275.8 million, a 3% increase from $266.7 million in Q3 2024[5] - For the nine months ended September 30, 2025, total revenue was $811.0 million, compared to $786.6 million for the same period in 2024[8] - The company expects total revenue for the full year 2025 to be in the range of $1,073 million to $1,077 million, reflecting a growth of 3%[9] - Total revenue for 2024 reached $1,042,352 thousand, with the Americas segment contributing $802,486 thousand, EMEA $190,523 thousand, and APAC $49,343 thousand[28] Earnings and Profitability - GAAP diluted earnings per share for Q3 2025 was $0.96, down from $1.03 in Q3 2024, while non-GAAP adjusted diluted EPS increased slightly to $1.36 from $1.35[2][7] - Adjusted diluted EPS guidance for 2025 is between $4.95 and $4.97, indicating a growth of 5%[9] - Adjusted diluted EPS (Non-GAAP) for Q3 2025 was $1.36, slightly up from $1.35 in Q3 2024[21] - GAAP diluted EPS for 2024 was $3.51, with adjusted diluted EPS at $4.72, reflecting a strong performance across the quarters[28] Operating Income - Operating income for Q3 2025 was $75,828, compared to $75,090 in Q3 2024, reflecting a year-over-year increase of 1%[21] - Adjusted operating income for the nine months ended September 30, 2025, was $295.7 million, up from $271.5 million in 2024[8] - GAAP operating income for 2024 was $261,596 thousand, with adjusted non-GAAP operating income at $361,804 thousand, indicating effective cost management[28] Cash Flow and Investments - Cash flow from operations for Q3 2025 was $93.1 million, significantly up from $62.3 million in Q3 2024[7] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $242,420, up from $190,299 in 2024, marking a 27.4% increase[27] - The company repurchased 233,425 shares for a total investment of $49.9 million during Q3 2025, with an additional $100 million share repurchase authority replenished in October 2025[7][9] - The company repurchased $238,187 in common stock during the nine months ended September 30, 2025[27] Expenses - Research and development expenses increased to $6,216 in Q3 2025 from $5,117 in Q3 2024, representing a 21.5% increase[22] - Capital expenditures for 2024 totaled $8,675 thousand, with $3,128 thousand spent in Q4 alone[31] Assets and Liabilities - Total current assets as of September 30, 2025, were $525,770, an increase from $503,264 at the end of 2024[25] - Total liabilities as of September 30, 2025, were $459,904, compared to $458,121 at the end of 2024, indicating a slight increase[25] Foreign Exchange Impact - The company reported a total of $1,369 thousand in revenue impact from currency fluctuations for 2024, with operating income impact of $1,882 thousand[29] - The company experienced a total impact of $2,827 thousand from changes in the Indian Rupee exchange rate in 2024, highlighting the significance of foreign operations[29] Future Revenue Visibility - Remaining performance obligations (RPO) as of September 30, 2024, were $1,686,421 thousand, indicating strong future revenue visibility[33]

Core Insights - Manhattan Associates, Inc. is a key player in the software solutions industry, focusing on supply chain, inventory, and omni-channel operations management [1] - The company has experienced a decrease in its consensus price target over the past year, indicating a more cautious outlook from analysts [2][6] - Despite the lowered price target, the company reported strong financial performance with earnings of $1.31 per share, surpassing estimates and showing growth from the previous year [3][6] - The company is experiencing valuation expansion driven by increased margins and accelerated growth in cloud revenues, although service revenues have declined [4][6] - Analysts are closely monitoring the company's upcoming financial results, with expectations of a decline in earnings but potential for strong results based on historical performance [5]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Viewpoint - Manhattan Associates (MANH) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $1.18 per share, reflecting a year-over-year decrease of 12.6%, while revenues are projected to be $271.32 million, representing a 1.7% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 1.12% higher, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Manhattan Associates is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.43%, suggesting a bearish outlook on earnings prospects [12]. Historical Performance - In the last reported quarter, Manhattan Associates exceeded the expected earnings of $1.12 per share by delivering $1.31, achieving a surprise of +16.96%. The company has beaten consensus EPS estimates in the last four quarters [13][14]. Investment Considerations - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict a positive outcome for the upcoming earnings report [12][17].

Company Overview - Manhattan Associates is a global leader in industrial technology, focusing on supply chain and omnichannel commerce, providing software platforms that integrate front-end sales and back-end supply chain execution [1][8] - Trimble is a tech company that delivers high-tech solutions for various industrial needs, including surveying, supply chain tracking, and project management, emphasizing software platforms and AI integration [14][15][16] Industry Insights - The rise of agentic AI is seen as transformative for industrial companies, similar to the investment opportunities presented by Industry 4.0 during digitization [3][5] - Agentic AI introduces autonomous systems capable of learning and coordinating workflows without human supervision, enhancing operational efficiency [5][7] Financial Performance - Manhattan Associates reported 2Q25 revenues of $272.4 million, a 2.7% year-over-year increase, and non-GAAP earnings of $1.31 per share, exceeding forecasts [12][11] - Trimble generated $875.7 million in revenues during 2Q25, flat year-over-year but $40.7 million above expectations, with non-GAAP earnings of 71 cents per share [17] Strategic Developments - Manhattan Associates is integrating agentic AI into its platform, enhancing user experience, product time-to-market, and real-time data analysis [9][10] - Trimble is transitioning from a hardware-centric model to a software solutions provider, with software and services accounting for 79% of revenue as of 2Q25 [18] Analyst Recommendations - Analyst Guy Hardwick from Barclays has an Overweight rating on Manhattan Associates, with a price target of $247, indicating an 18% upside potential [13] - For Trimble, Hardwick also recommends an Overweight rating with a price target of $100, suggesting a 24% upside [18]

Core Insights - Manhattan Associates Inc. has announced that CEVA Logistics will implement its cloud-native solutions, Manhattan Active® Warehouse Management and Manhattan Active® Order Management, as part of a global strategy to enhance its technological capabilities [1] Company Summary - CEVA Logistics, recognized as a global leader in Third-Party logistics, is adopting advanced supply chain solutions to better adapt to changing market demands [1] - The deployment of Manhattan's tools is aimed at establishing a future-ready technology stack for CEVA Logistics [1]

Core Insights - Manhattan Associates, Inc. (NASDAQ: MANH) has seen a stock performance increase of 26.7% since the last coverage, following an upgrade from hold to buy amid tariff concerns [1] Group 1: Company Performance - The management of Manhattan Associates has recently raised its expectations for future performance [1] Group 2: Investment Strategy - Triba Research aims to identify high-quality businesses capable of delivering sustainable, double-digit returns over the long term [1] - The investment strategy emphasizes companies with strong competitive advantages, operating in growing markets, maintaining low debt levels, and led by skilled management teams [1] - Triba Research prioritizes long-term value creation while staying informed about the latest developments [1]

Core Insights - Manhattan Associates, Inc. (NASDAQ: MANH) has seen a stock performance increase of 26.7% since the last coverage, which included an upgrade from hold to buy amid tariff concerns [1] Group 1: Company Performance - The management of Manhattan Associates has recently raised its expectations for future performance [1] Group 2: Investment Strategy - Triba Research focuses on identifying high-quality businesses with sustainable, double-digit returns, emphasizing strong competitive advantages, low debt levels, and skilled management teams [1]

Core Viewpoint - Air Canada anticipates a C$375 million (approximately $269.82 million) reduction in its operating income due to labor disruptions caused by a four-day strike by flight attendants in August [1] Group 1: Financial Impact - The expected hit to operating income is significant, indicating the financial strain on the company due to labor-related issues [1] - The strike reflects ongoing labor tensions within the airline industry, which may have broader implications for operational efficiency and profitability [1] Group 2: Labor Relations - The four-day strike by flight attendants highlights the challenges Air Canada faces in managing labor relations and maintaining workforce stability [1] - Labor disruptions are becoming increasingly common in the airline sector, suggesting a need for companies to address employee concerns proactively [1]

Industry Overview - The Zacks Computer Software industry is positioned to benefit from global digital transformation, with a shift to cloud and SaaS models providing recurring revenue visibility and flexibility for users [1] - The industry is experiencing growth driven by the integration of AI and ML technologies into various applications [1] Market Trends - The global software market is projected to grow at a CAGR of 11.3% from 2025 to 2030, reaching $1,397.31 billion [2] - Increased spending on AI and cloud technologies is expected to enhance the industry's prospects, with a focus on automation, personalization, and predictive analytics [4] - Cloud computing is becoming a dominant force, with businesses adopting hybrid and multi-cloud environments for flexibility and scalability [5] - The demand for cybersecurity software is rising due to increased cyberattacks, leading to a focus on performance management monitoring tools [6] Macroeconomic Factors - Global macroeconomic weakness and supply chain volatility are concerns for the industry, with inflation potentially affecting spending among small and medium-sized businesses [7] - Worldwide IT spending is projected to reach $5.43 trillion in 2025, reflecting a 7.9% increase from 2024, which is lower than previous forecasts [7] Industry Performance - The Zacks Computer Software industry has underperformed compared to the broader Zacks Computer and Technology sector and the S&P 500 Index over the past year, gaining 18.2% compared to 18.8% and 30% respectively [11] Valuation Metrics - The industry is currently trading at a forward 12-month P/E ratio of 33.11X, higher than the S&P 500's 23.24X and the sector's 28.69X [14] Company Highlights - **Manhattan Associates (MANH)**: Reported a 22% increase in cloud revenues for Q2 2025, with total revenues up 2.7% year over year. The Zacks Consensus Estimate for 2025 earnings is $4.81 per share, indicating 1.9% growth [18][20][19] - **PTC Inc (PTC)**: Focused on AI strategy with positive customer feedback and a Zacks Consensus Estimate for fiscal 2025 earnings at $6.69 per share, indicating 31.7% growth [23][26] - **Microsoft Corporation (MSFT)**: Achieved total revenue of $281.7 billion in fiscal 2025, with AI business revenue exceeding $13 billion, growing 175% year over year. The Zacks Consensus Estimate for fiscal 2026 earnings is $15.35 per share, indicating 12.5% growth [33][34]