Manhattan Associates is a technology company that provides supply chain and inventory optimization solutions
The company specializes in developing software for managing complex retail and distribution operations, helping businesses enhance their logistics, increase efficiency, and improve customer satisfaction. Their product offerings, including warehouse management systems and transportation management systems, are designed to streamline processes, maximize productivity, and offer increased visibility across the supply chain. With a focus on innovation, Manhattan Associates aims to empower organizations to respond more effectively to changing market demands and optimize their overall operational performance.
MANHATTAN ASSOCIATES INC was identified as a growth stock that isn't overvalued. NASDAQ:MANH is excelling in various growth indicators while maintaining a solid financial footing.
Shares of supply chain optimization software maker Manhattan Associates (NASDAQMANH) fell 10.8% in the afternoon session after the company announced that Eddie Capel, who joined in 2000, will retire as President and CEO. Eric Clark, currently CEO of NTT Data North America, will succeed him. Before leading NTT Data North America, Clark held leadership roles at ServiceNow, Dell, and Bank of America.
Under Capel's leadership since 2013, when he became CEO, shares of MANH gained nearly 2,000%. However, recent quarters have brought challenges, and his departure introduces uncertainty as investors adjust to new leadership.
Discover the latest trends with last week's worst-performing large-cap stocks, including Manhattan Associates' steep decline following reduced financial guidance and the broader impact of China's DeepSeek AI on sectors like semiconductors and AI-related industries.
Shares of supply chain optimization software maker Manhattan Associates (NASDAQMANH) fell 25.6% in the morning session after the company reported weak fourth-quarter results: Its revenue guidance for next year suggests a significant slowdown in demand, and its full-year revenue guidance fell short of Wall Street's estimates. Moving down the income statement, full-year EPS guidance also came in below expectations. On the other hand, MANH beat EPS expectations on revenue, which came in slightly ahead of Wall Street's estimates. Overall, this was a weaker quarter, with the outlook weighing on shares.
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Supply chain optimization software maker Manhattan Associates (NASDAQMANH) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 7.4% year on year to $255.8 million. On the other hand, the company’s full-year revenue guidance of $1.07 billion at the midpoint came in 6.3% below analysts’ estimates. Its non-GAAP profit of $1.17 per share was 10.4% above analysts’ consensus estimates.
