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%.