Manhattan Associates: Fourth Quarter Earnings Overview

Manhattan Associates Exceeds Q4 Earnings Expectations

Manhattan Associates Inc., headquartered in Atlanta, announced a net income of $52 million for the fourth quarter.

The company reported earnings of 86 cents per share, while adjusted earnings—which exclude certain one-time items—reached $1.21 per share.

These results outperformed analyst projections, as the consensus from six analysts polled by Zacks Investment Research anticipated earnings of $1.11 per share.

During the quarter, the enterprise software provider generated $270.4 million in revenue, surpassing the $264.2 million forecasted by five Zacks analysts.

For the full year, Manhattan Associates recorded a profit of $219.9 million, or $3.60 per share, with total revenue amounting to $1.08 billion.

Looking ahead, the company expects its annual earnings to fall between $5.04 and $5.20 per share, with projected revenue ranging from $1.13 billion to $1.15 billion.