For the quarter ended December 2024, Manhattan Associates (MANH) reported revenue of $255.8 million, up 7.4% over the same period last year. EPS came in at $1.17, compared to $1.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $253.48 million, representing a surprise of +0.92%. The company delivered an EPS surprise of +10.38%, with the consensus EPS estimate being $1.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Manhattan Associates (MANH) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.06 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 10.38%. 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 $1.35, delivering a surprise of 27.36%.Over the last four ...

Revenue Performance - Consolidated total revenue for Q4 2024 was $255.8 million, a 7.3% increase from $238.3 million in Q4 2023[4] - Full year 2024 total revenue was $1,042.4 million, representing a 12.2% increase from $928.7 million in 2023[7] - Total revenue for 2023 was $928.725 million, with a projected increase to $1,042.352 million in 2024, representing a growth of approximately 12.2%[27] - Revenue from the Americas segment increased from $719.195 million in 2023 to $802.486 million in 2024, a growth of about 11.6%[27] - EMEA revenue rose from $166.638 million in 2023 to $190.523 million in 2024, marking an increase of approximately 14.3%[27] - APAC revenue is projected to grow from $49.343 million in 2023 to $55.000 million in 2024, representing an increase of about 11.5%[27] Earnings and Profitability - GAAP diluted earnings per share for Q4 2024 was $0.77, slightly down from $0.78 in Q4 2023, while adjusted diluted EPS increased to $1.17 from $1.03[6] - Adjusted diluted EPS for Q4 2024 was $1.17, compared to $1.03 in Q4 2023, marking a 14% increase[26] - Net income for the year ended December 31, 2024, reached $218,364 thousand, compared to $176,568 thousand in 2023, reflecting a growth of 24%[25] - GAAP operating income for 2023 was $209.881 million, expected to rise to $261.596 million in 2024, indicating a growth of about 24.6%[27] - Adjusted non-GAAP operating income for 2023 was $281.452 million, with a forecast of $361.804 million for 2024, reflecting an increase of approximately 28.5%[27] Cash Flow and Operations - Cash flow from operations for Q4 2024 was $104.7 million, compared to $88.4 million in Q4 2023, reflecting a 18.5% increase[6] - The company reported a net cash provided by operating activities of $295,003 thousand for the year ended December 31, 2024, compared to $246,218 thousand in 2023, a growth of 20%[25] Share Repurchase and Equity - The company repurchased 155,444 shares for a total investment of $43.5 million during Q4 2024, with an increased share repurchase authority of $100 million announced in January 2025[6] - The company repurchased a total of 1,246 thousand shares in 2023, with a total cash outlay of $196.047 million, and plans to repurchase 1,165 thousand shares in 2024 for $286.366 million[32] Guidance and Projections - For 2025, the company projects total revenue guidance between $1,060 million and $1,070 million, indicating a growth range of 2% to 3%[8] - GAAP operating margin for 2025 is expected to be between 22.3% and 22.9%[8] - Adjusted diluted EPS guidance for 2025 is projected to be between $4.45 and $4.55, reflecting a decrease of 6% to 4% compared to 2024[8] Expenses and Investments - Research and development expenses for the year ended December 31, 2024, were $20,760 thousand, up from $15,674 thousand in 2023, representing a 32% increase[21] - Total equity-based compensation for the year ended December 31, 2024, was $93,206 thousand, compared to $71,571 thousand in 2023, reflecting a 30% increase[21] - Capital expenditures for 2023 totaled $4.730 million, with an increase to $8.675 million projected for 2024, indicating a growth of approximately 83.5%[31] Deferred Revenue and RPO - Deferred revenue as of December 31, 2024, was $277,970 thousand, an increase from $237,793 thousand in 2023, indicating a growth of 17%[23] - Remaining Performance Obligations (RPO) as of September 30, 2023, totaled $1,324,861,000, reflecting a growth from $1,238,672,000 as of June 30, 2023[33] - RPO is projected to increase to $1,780,400,000 by December 31, 2024, indicating a steady growth trend[33] Employment and Workforce - The company eliminated approximately 100 positions in January 2025 to align services capacity with customer demand amid macroeconomic uncertainty[9]

Wall Street analysts expect Manhattan Associates (MANH) to post quarterly earnings of $1.06 per share in its upcoming report, which indicates a year-over-year increase of 2.9%. Revenues are expected to be $253.48 million, up 6.4% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces its earnings, ...

Manhattan Associates (MANH) ,  a leading global technology company in omnichannel and supply chain management, has appreciated 31.1% in the year-to-date (YTD) period, significantly outpacing the Zacks Computer - Software industry’s return of 19%.Over the same time frame, it outpaced its industry peers, including BlackBerry (BB) , Autodesk (ADSK) and Blackbaud (BLKB) . On a YTD basis, shares of BB and ADSK have gained 11.9% and 23.7% while BLKB lost 12.2%. This outperformance demonstrates Manhattan's strong ...

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Manhattan Associates (MANH) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Indi ...

Core Insights - Manhattan Associates (MANH) reported third-quarter 2024 adjusted earnings of $1.35 per share, exceeding the Zacks Consensus Estimate by 27.36% and reflecting a year-over-year increase of 28.6% [1] - Net sales for the quarter reached $266.7 million, marking an 11.8% year-over-year growth and surpassing the consensus estimate by 1.26% [1] - The company experienced strong growth in cloud and service revenues, particularly from its Manhattan Active Supply Chain Planning offering [1] Financial Performance - Cloud subscriptions, accounting for 32.4% of net sales, generated revenues of $86.5 million, up 33% year over year, beating the consensus estimate by 1.9% [2] - Service sales, which made up 51.4% of net sales, totaled $137 million, reflecting a 7.1% year-over-year increase and exceeding the consensus estimate by 0.84% [2] - Software license sales, representing 1.4% of net sales, were $3.8 million, down 2.8% year over year but significantly beating the consensus estimate by 94.92% [2] - Maintenance sales, at 12.9% of net sales, were $34.5 million, down 2.3% year over year, yet beating the Zacks Consensus Estimate by 1.6% [2] - Hardware sales, comprising 1.9% of net sales, were $4.9 million, down 1.9% year over year and missing the consensus estimate by 29.51% [2] - Remaining Performance Obligations (RPO) increased by 27.2% year over year to $1.7 billion [2] Geographical Performance - Revenues from the Americas, which accounted for 77.2% of net sales, were $205.8 million, up 10.7% year over year [3] - Revenues from EMEA, making up 17.6% of net sales, reached $48.08 million, up 14.4% year over year [3] - Revenues from APAC, representing 4.6% of net sales, were $12.74 million, reflecting a 24% year-over-year increase [3] Expense Management - Selling and marketing expenses as a percentage of revenues decreased by 120 basis points year over year to 6.2% [4] - Research and Development expenses as a percentage of revenues declined by 100 basis points year over year to 12.9% [4] - General and Administrative expenses as a percentage of revenues fell by 130 basis points year over year to 7.6% [4] - Adjusted operating income increased by 36.5% year over year to $98.9 million [4] Balance Sheet and Share Repurchase - As of September 30, 2024, cash and cash equivalents stood at $214.9 million, up from $202.7 million as of June 30, 2024 [4] - During the quarter, the company repurchased 194,712 shares for $49.7 million and authorized an additional $75 million for share repurchase in October 2024 [4] Guidance - For fiscal 2024, Manhattan Associates expects earnings between $3.47 and $3.49 per share, indicating a growth of 23% to 24% year over year [5] - Revenue guidance for fiscal 2024 is projected between $1.03 billion and $1.04 billion [5] - RPO for fiscal 2024 is anticipated to be between $1.75 billion and $1.8 billion [5] - The adjusted operating margin for fiscal 2024 is expected to be in the range of 34% to 34.1% [5] - The Zacks Consensus Estimate for fiscal 2024 revenues is $1.04 billion, suggesting an 11.96% year-over-year increase [5] Market Performance - Manhattan Associates currently holds a Zacks Rank 3 (Hold) and has seen a year-to-date share price increase of 35.8%, outperforming the Zacks Computer and Technology sector's rise of 27.5% [6] - Comparatively, Arista Networks, Onto Innovation, and Fortinet are better-ranked stocks in the sector, each holding a Zacks Rank 2 (Buy) [6]