Welcome to our dedicated page for Manhattan Associates news (Ticker: MANH), a resource for investors and traders seeking the latest updates and insights on Manhattan Associates stock.
Manhattan Associates Inc (MANH) delivers cutting-edge supply chain and omnichannel solutions for global enterprises. This news hub provides investors and professionals with centralized access to official announcements, strategic developments, and operational updates from the industry-leading software provider.
Track MANH's latest innovations in warehouse management systems, inventory optimization tools, and logistics technology. Our curated feed includes earnings reports, partnership announcements, product enhancements, and executive insights - all critical for understanding the company's market position.
Key updates cover three strategic areas: cloud platform advancements in supply chain execution, retail technology integrations for unified commerce, and logistics intelligence solutions powered by machine learning. Regular updates ensure stakeholders stay informed about MANH's role in shaping digital transformation across global supply chains.
Bookmark this page for real-time access to MANH's corporate communications. Combine these primary sources with our analysis to monitor how the company addresses evolving challenges in retail technology and complex logistics networks.
Manhattan Associates reported a strong start to 2023 with Q1 revenue reaching $221.0 million, up from $179.0 million in Q1 2022. The company's GAAP diluted earnings per share increased to $0.62, compared to $0.48 last year, while non-GAAP adjusted diluted EPS rose to $0.80 from $0.60.
Cloud and services revenue growth exceeded expectations, with cloud subscription revenue at $57.2 million, significantly higher than $37.3 million in the same quarter last year. Despite cautious outlook due to economic conditions, the company raised its full-year guidance with total revenue expectations between $856 million and $864 million, representing a growth range of 12% to 13%.
Manhattan Associates (NASDAQ: MANH) has been recognized as the Leader in Forrester Wave's Q2 2023 report for Order Management Systems (OMS). It is the only provider to achieve a perfect score (5.00) in 16 out of 24 evaluated criteria under Current Offering. The report commends Manhattan's OMS for its comprehensive features, particularly in inventory management and order orchestration capabilities.
Forrester's analysis highlighted the company's strengths in community engagement and planned enhancements, affirming its strategic positioning within the market. The recognition is seen as a validation of Manhattan’s commitment to innovation and customer partnership. The Unified Commerce Benchmark indicates that a streamlined OMS can potentially boost revenue growth by up to 6X.
