MANH: Solid Results, Cautious Outlook
Here's our initial take on Manhattan Associates' (NASDAQ: MANH) fourth-quarter financial report.Manhattan Associates, which provides software for supply chain, inventory, and retail businesses, beat expectations in the fourth quarter, with revenue up 7% year over year. But the company is cautious about the year ahead, forecasting that sales growth will slow to just 2% to 3% in 2025.That forecast, which calls for revenue of $1.06 billion to $1.07 billion, was short of the $1.1 billion Wall Street consensus.Continue reading
Here's our initial take on Manhattan Associates' (NASDAQ: MANH) fourth-quarter financial report.
Manhattan Associates, which provides software for supply chain, inventory, and retail businesses, beat expectations in the fourth quarter, with revenue up 7% year over year. But the company is cautious about the year ahead, forecasting that sales growth will slow to just 2% to 3% in 2025.
That forecast, which calls for revenue of $1.06 billion to $1.07 billion, was short of the $1.1 billion Wall Street consensus.
