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 (NASDAQ: MANH) will release its Q1 2023 financial results on April 25, 2023, after market close. A conference call will follow at 4:30 p.m. ET, with a live webcast available for investors on the company's Investor Relations website. A replay will be accessible via phone and online shortly after the call.
The company specializes in technology solutions for supply chain and omnichannel commerce, aiming to integrate information across various business operations. Their offerings include leading cloud and on-premises solutions designed to enhance profitability and growth.
Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in the Gartner Magic Quadrant for Transportation Management Systems for the fifth consecutive year. This recognition underscores the company's robust Manhattan Active® Transportation Management solution, designed to enhance transportation functions across various networks. Notably, clients like Giant Eagle experienced an 8% reduction in empty miles and a 7% improvement in cubing through this solution. The company's cloud-native architecture aids in optimizing logistics and improving profitability for shippers and carriers.
Manhattan Associates (NASDAQ: MANH), in partnership with Google Cloud and Zebra Technologies, released the first Unified Commerce Benchmark for Specialty Retail on March 21, 2023. The benchmark analyzed 124 retailers and found that leading companies achieved up to 6X revenue growth compared to competitors. Challenges identified include personalization (only 38% access to shopper history), real-time inventory visibility (only 29% provided inventory stats), and convenience and flexibility (only 15% allowed post-order changes). The study emphasizes the importance of adopting Unified Commerce for enhanced customer experiences and operational efficiency.
Manhattan Associates reported a strong Q4 2022 with revenue reaching $198.1 million, up from $171.5 million in Q4 2021. GAAP diluted EPS was $0.60, compared to $0.32 a year earlier, while non-GAAP adjusted diluted EPS rose to $0.81 from $0.48. The company's total revenue for 2022 was $767.1 million, a significant increase from $663.6 million in 2021. Looking ahead, the company anticipates total revenue between $820 million and $833 million for 2023, indicating a growth range of 7% to 9%. Manhattan's cloud subscription revenue also surged, reflecting strong demand in the supply chain sector.
Manhattan Associates (NASDAQ: MANH) has announced enhanced RFID capabilities for its Manhattan Active Omni suite at the NRF Big Show on January 15, 2023. The new features aim to improve inventory accuracy, reduce labor costs, and automate store processes. With these advancements, retailers can boost inventory accuracy from 70% to nearly 100%, addressing challenges posed by inaccurate inventory visibility. The RFID technology allows for efficient inventory counts and quicker transaction processes. As a result, retailers can elevate customer experience by ensuring better product availability and fulfilling both in-store and online orders effectively.
On January 13, 2023, Manhattan Associates (NASDAQ: MANH) announced the successful deployment of its Manhattan Active solutions at Everything But Water, the largest specialty women’s swimwear retailer in the U.S. The comprehensive cloud-native platform includes point of sale, order management, and fulfillment capabilities across 85 retail locations. This digital transformation aims to enhance customer service and streamline operations, providing store associates with a holistic view of customer information. The partnership positions Everything But Water to optimize its operating margins and deliver advanced omnichannel fulfillment.
Manhattan Associates (NASDAQ: MANH) will release its fourth quarter 2022 financial results on February 2, 2023, after market close. The announcement will be followed by a conference call at 4:30 p.m. Eastern Time the same day. Investors can access the live webcast on the company’s Investor Relations website. A replay of the call will be available shortly after, both via phone and online. Manhattan Associates is a leader in supply chain and omnichannel commerce, providing technology solutions that drive growth and profitability.
Manhattan Associates reported Q3 2022 revenue of $198.1 million, up from $169.2 million in Q3 2021. GAAP diluted EPS was $0.47, down from $0.57 year-over-year. Non-GAAP adjusted EPS was $0.66, compared to $0.71. Cloud subscription revenue surged 40% from last year, while total bookings increased 69%. The company raised its full-year revenue guidance to a range of $750-$753 million, reflecting a 13% growth. Cash flow from operations declined to $39.9 million from $59.7 million in Q3 2021.
