Manhattan Associates (MANH) stock surged 8.47% in pre-market trading on Wednesday following the release of its impressive first-quarter 2025 earnings report. The supply chain and omnichannel solutions provider beat analyst expectations and raised its full-year guidance, signaling strong momentum in its cloud business.
Key highlights from the earnings report include: - Total revenue increased 3% year-over-year to $263 million, surpassing the Zacks Consensus Estimate of $256.91 million. - Cloud revenue grew an impressive 21% to $94 million, demonstrating the company's successful transition to cloud-based solutions. - Adjusted earnings per share (EPS) rose 16% to $1.19, significantly beating the consensus estimate of $1.02. - Remaining Performance Obligations (RPO) increased 25% year-over-year to $1.9 billion, indicating a strong future revenue pipeline.
The company's robust performance and optimistic outlook have resonated well with investors. Manhattan Associates raised its 2025 guidance, projecting revenue between $1.06 billion to $1.07 billion and adjusted EPS of $4.54 to $4.64. The raised guidance, coupled with the company's strong competitive position and innovative product launches like Enterprise Promise and Fulfill, has bolstered investor confidence in Manhattan Associates' growth prospects.