Manhattan Associates ( (MANH) ) has released its Q4 earnings. Here is a breakdown of the information Manhattan Associates presented to its investors.
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Manhattan Associates is a global technology company that provides supply chain and omnichannel commerce solutions, helping businesses integrate sales and supply chain operations. The company recently announced record financial results for the fourth quarter and full year of 2024, driven by strong demand and a significant increase in RPO bookings. Key financial highlights include a total revenue of $255.8 million for Q4 2024, with cloud subscription revenue showing strong growth. The company achieved GAAP diluted earnings per share of $0.77 for the quarter, while non-GAAP adjusted diluted earnings per share rose to $1.17. For the full year, revenue surpassed $1 billion, marking a significant milestone. The company also repurchased a considerable number of shares throughout the year. Looking ahead, Manhattan Associates remains optimistic about its market opportunities, although it acknowledges the challenges posed by the current macroeconomic environment.
