Manhattan Associates (MANH) stock surged 8.2% in after-hours trading on Tuesday following the release of its first-quarter 2025 financial results, which exceeded analyst expectations. The supply chain software company reported strong earnings and revenue growth, while also raising its full-year guidance.

For the quarter ended March 31, Manhattan Associates posted adjusted earnings per share of $1.19, significantly beating the analyst consensus estimate of $1.03. This represents a 15.5% increase from the $1.03 per share reported in the same period last year. Revenue for the quarter came in at $262.8 million, surpassing the expected $256.5 million and marking a 3.2% year-over-year growth. Notably, the company's cloud revenue reached $94.3 million, highlighting the continued strength of its cloud-based offerings.

In light of the strong quarterly performance, Manhattan Associates raised its fiscal 2025 guidance. The company now projects adjusted earnings per share between $4.54 and $4.64, up from the previous forecast and above the analyst expectations of $4.50. Additionally, the company increased its revenue outlook to a range of $1.06 billion to $1.07 billion, compared to the $1.05 billion analysts were anticipating. This positive outlook, coupled with the better-than-expected Q1 results, likely contributed to the substantial after-hours stock price increase.