Q1 2025 Earnings Call Presentation Matt Calkins, Founder & CEO Mark Lynch, Interim CFO Disclaimer. In this presentation, we may make statements related to our business that are forward-looking statements under federal securities laws and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements related to our financial results, trends and guidance for the second quarter and full year 2025, the impact of macroeconomic changes, the benefits o ...

Core Insights - Manhattan Associates reported revenue of $262.79 million for the quarter ended March 2025, marking a year-over-year increase of 3.2% and an EPS of $1.19 compared to $1.03 a year ago, with a revenue surprise of +2.29% over the Zacks Consensus Estimate [1] - The EPS surprise was +16.67% compared to the consensus estimate of $1.02 [1] Revenue Breakdown - Software license revenue was $9.29 million, exceeding the three-analyst average estimate of $7.90 million, representing a year-over-year change of +230.7% [4] - Hardware revenue was $5.92 million, below the three-analyst average estimate of $6.81 million, reflecting a year-over-year change of -9.6% [4] - Services revenue was $121.13 million, slightly above the two-analyst average estimate of $117.39 million, showing a year-over-year decline of -8.4% [4] - Maintenance revenue was $32.14 million, surpassing the two-analyst average estimate of $31.52 million, with a year-over-year change of -8.1% [4] - Cloud subscriptions revenue reached $94.31 million, exceeding the two-analyst average estimate of $93.54 million, indicating a year-over-year increase of +20.9% [4] Stock Performance - Shares of Manhattan Associates have returned -9.8% over the past month, compared to the Zacks S&P 500 composite's -8.9% change, with a current Zacks Rank of 3 (Hold) suggesting potential performance in line with the broader market [3]