Stock Track | Manhattan Associates Soars 8.82% in After-Hours on Q2 Earnings and Revenue Beat

Stock Track

07/29

Manhattan Associates (MANH) stock surged 8.82% in post-market trading on Tuesday, following the release of its second-quarter financial results that significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $1.39, beating the consensus estimate of $1.32. Revenue for the quarter came in at $297.8 million, surpassing the analyst consensus of $287.9 million and marking a 9.32% increase from the same period last year. The strong performance was driven by robust demand for the company's cloud-based supply chain and commerce solutions, contributing to a third consecutive record bookings quarter.

Looking ahead, Manhattan Associates provided full-year 2026 guidance, with revenue expected between $1.16 billion and $1.166 billion and adjusted earnings per share projected at $5.44 to $5.50. Management expressed confidence in the company's business momentum while remaining mindful of ongoing global macroeconomic volatility.

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