Group 1 - The conference call is for Manhattan Associates' Q2 2025 earnings, indicating the company's ongoing financial performance review [2][3] - Michael Bauer, Head of Investor Relations, introduces the call and mentions that forward-looking statements regarding future events and financial performance will be made [3][4] - Eddie Capel, Executive Chairman, and Eric Clark, President and CEO, are key participants in the call, suggesting a structured leadership approach to discussing the company's results [1][3]

Core Insights - Manhattan Associates reported revenue of $272.42 million for the quarter ended June 2025, marking a year-over-year increase of 2.7% and exceeding the Zacks Consensus Estimate by 3.47% [1] - The company's EPS for the same period was $1.31, up from $1.18 a year ago, representing a surprise of 16.96% over the consensus estimate of $1.12 [1] Revenue Breakdown - Software license revenue was $1.53 million, falling short of the estimated $1.94 million, reflecting a significant year-over-year decline of 50.1% [4] - Hardware revenue reached $6.52 million, slightly above the estimated $6.47 million, but showed a year-over-year decrease of 16.4% [4] - Services revenue was reported at $128.9 million, exceeding the estimate of $125.36 million, yet down 5.8% compared to the previous year [4] - Maintenance revenue was $35.06 million, surpassing the estimate of $29.93 million, with a minor year-over-year decline of 0.6% [4] - Cloud subscriptions generated $100.42 million, exceeding the average estimate of $99.53 million, and represented a year-over-year increase of 21.9% [4] Stock Performance - Over the past month, shares of Manhattan Associates have returned +3.7%, compared to a +5.9% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

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].