Core Insights - Manhattan Associates reported revenue of $255.8 million for the quarter ended December 2024, reflecting a 7.4% increase year-over-year and surpassing the Zacks Consensus Estimate of $253.48 million by 0.92% [1] - The company's EPS for the quarter was $1.17, up from $1.03 in the same quarter last year, exceeding the consensus EPS estimate of $1.06 by 10.38% [1] Revenue Breakdown - Revenue from Services was $119.48 million, slightly below the estimated $121.87 million, representing a year-over-year increase of 0.3% [4] - Revenue from Maintenance was $33.57 million, slightly above the estimate of $33.49 million, but showed a year-over-year decline of 9.7% [4] - Revenue from Cloud subscriptions reached $90.33 million, exceeding the average estimate of $89.46 million, with a significant year-over-year growth of 26.5% [4] - Revenue from Hardware was $6.97 million, surpassing the estimated $5.40 million, marking a year-over-year increase of 31.2% [4] - Revenue from Software licenses was $5.45 million, exceeding the estimate of $3.11 million, with a year-over-year growth of 4.1% [4] Stock Performance - Shares of Manhattan Associates have returned 6.3% over the past month, outperforming the Zacks S&P 500 composite, which saw a change of 0.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Manhattan Associates (MANH) Reports Q4 Earnings: What Key Metrics Have to Say