Manhattan Associates (NASDAQ:MANH), a leading provider of supply chain optimization software, experienced a significant after-hours plunge of 20.37% on Tuesday following the release of its Q4 2024 earnings report.
While the company posted better-than-expected Q4 revenue and earnings, with revenue growing 7.4% year-over-year to $255.8 million and adjusted EPS of $1.17 beating analyst estimates by 10.4%, investors were disappointed by the company's outlook for 2025.
For the upcoming fiscal year 2025, Manhattan Associates provided revenue guidance of $1.07 billion at the midpoint, missing analyst estimates by 6.3% and implying a significant slowdown in growth to just 2.2% compared to 12.3% in 2024. Additionally, the company's adjusted EPS guidance for 2025 of $4.50 at the midpoint fell short of analyst expectations by 8.3%.
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.