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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.