Manhattan Associates ( (MANH) ) has released its Q2 earnings. Here is a breakdown of the information Manhattan Associates presented to its investors.
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Manhattan Associates is a global technology leader specializing in supply chain and omnichannel commerce solutions, offering cutting-edge cloud solutions to enhance enterprise operations.
In its latest earnings report, Manhattan Associates announced a strong second quarter performance for 2025, with significant growth in cloud revenue and a notable increase in remaining performance obligations (RPO) bookings. The company reported a total revenue of $272.4 million, reflecting a year-over-year increase.
Key financial highlights include a 22% growth in cloud subscription revenue, reaching $100.4 million, and a GAAP diluted earnings per share of $0.93, up from $0.85 in the previous year. The company also achieved a non-GAAP adjusted diluted earnings per share of $1.31, compared to $1.18 in the same quarter last year. Operating income saw an increase, with GAAP operating income at $73.8 million and adjusted operating income at $101.1 million. Additionally, Manhattan Associates repurchased 262,341 shares of its common stock, reflecting a strategic investment in its own equity.
The company remains optimistic about its future prospects, emphasizing its leadership in cloud platform technology as a key driver for sustained growth. Manhattan Associates’ management believes that their unified cloud platform will continue to expand their market reach and deliver optimal results for customers, despite ongoing global economic challenges.
Looking ahead, Manhattan Associates has provided guidance for the full year 2025, projecting total revenue growth of approximately 3% and adjusted earnings per share growth between 1% and 3%. The company aims to leverage its technological advancements to maintain its competitive edge in the supply chain and commerce solutions sector.