Movement Alert｜Manhattan Associates Overnight Rise 8.34%, Q3 Earnings Beat and Full-Year Guidance Raised

Market Focus10-28

On October 28, Manhattan Associates rose 8.34% Overnight, trading at $253.5/share, with Turnover of $505.5. The move followed the company’s latest quarterly results and higher full-year outlook.

For the third quarter, adjusted EPS was $1.55, above the $1.46 consensus and up from $1.36 a year earlier. Revenue rose to $306.2 million from $275.8 million, also ahead of the $297 million expectation. The company now expects full-year adjusted EPS of $5.54 to $5.56 on revenue of $1.176 billion to $1.178 billion, both modestly above market forecasts, reinforcing expectations for resilient demand in its supply chain and omni-channel software business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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