Stock Track | Manhattan Associates Soars 8.82% in After-Hours on Q2 Earnings and Revenue Beat

Stock Track
Jul 29

Manhattan Associates (MANH) stock surged 8.82% in post-market trading on Tuesday, following the release of its second-quarter financial results that significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $1.39, beating the consensus estimate of $1.32. Revenue for the quarter came in at $297.8 million, surpassing the analyst consensus of $287.9 million and marking a 9.32% increase from the same period last year. The strong performance was driven by robust demand for the company's cloud-based supply chain and commerce solutions, contributing to a third consecutive record bookings quarter.

Looking ahead, Manhattan Associates provided full-year 2026 guidance, with revenue expected between $1.16 billion and $1.166 billion and adjusted earnings per share projected at $5.44 to $5.50. Management expressed confidence in the company's business momentum while remaining mindful of ongoing global macroeconomic volatility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10