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Manhattan Associates Stock Sinks on Profit Warning
MANHManhattan Associates(MANH) Investopedia·2025-01-29 15:00

Core Insights - Manhattan Associates (MANH) shares dropped over 20% following a surprise decline in profit outlook due to a "turbulent macro environment" [1][4] - The company forecasts a 4% to 6% year-over-year decrease in adjusted earnings per share (EPS) for full-year 2025, estimating EPS between 4.45and4.45 and 4.55, while revenue is expected to rise 2% to 3% to 1.06billionto1.06 billion to 1.07 billion [1][4] - Analysts had anticipated adjusted EPS of 4.57andrevenueof4.57 and revenue of 1.07 billion [1] Financial Performance - Despite the negative outlook, the company reported better-than-expected fourth-quarter results, with adjusted EPS of 1.17andrevenuegrowthof71.17 and revenue growth of 7% to 255.8 million, surpassing forecasts [2] - Remaining performance obligation (RPO) bookings increased by 25% to a record high, with expected revenue from these bookings at $1.78 billion [3]