Manhattan Associates (MANH) shares surged 8.20% in after-hours trading on Tuesday following the release of its first-quarter 2025 financial results, which exceeded analyst expectations and prompted the company to raise its full-year guidance.

The supply chain software provider reported adjusted earnings per share of $1.19 for Q1, significantly beating the Wall Street consensus estimate of $1.03. This represents a 15.53% increase from the same period last year. Revenue for the quarter came in at $262.8 million, surpassing analyst projections of $256.5 million and marking a 3.24% year-over-year growth.

Manhattan Associates' strong performance was driven by robust growth in its cloud business, with cloud revenue reaching $94.3 million for the quarter. The company's CEO, Eric Clark, noted that Manhattan is off to a solid start in 2025, citing the strength of its unified cloud portfolio and its position as a leader across the supply chain commerce ecosystem. In light of the strong results, Manhattan Associates raised its full-year 2025 guidance, now projecting adjusted EPS of $4.54 to $4.64 on revenue of $1.06 billion to $1.07 billion, both ranges exceeding previous analyst expectations.