Manhattan Associates (NASDAQ: MANH) stock is surging 8.47% in pre-market trading on Wednesday, following the release of its impressive first-quarter 2025 financial results and an upgraded full-year outlook. The supply chain and omnichannel solutions provider delivered better-than-expected top- and bottom-line performance, driven by robust cloud revenue growth and improved operating margins.

For Q1 2025, Manhattan Associates reported total revenue of $263 million, up 3% year-over-year and exceeding Wall Street estimates. The company's cloud revenue, a key growth driver, increased by 21% to $94 million. Adjusted earnings per share (EPS) came in at $1.19, representing a 16% year-over-year increase and significantly surpassing analysts' expectations of $1.02 per share. The strong performance was further underscored by a 25% year-over-year growth in Remaining Performance Obligations (RPO), reaching approximately $1.9 billion.

In light of the strong Q1 results, Manhattan Associates raised its full-year 2025 guidance. The company now expects total revenue between $1.06 billion and $1.07 billion, with cloud revenue projected to reach $405 million to $410 million. Furthermore, the adjusted EPS guidance was increased to a range of $4.54 to $4.64. This optimistic outlook, coupled with the company's solid competitive position and innovative product launches, appears to be fueling investor confidence and driving the pre-market stock surge.