Movement Alert｜Manhattan Associates After-Hours Rise 10.27%, Q3 Earnings and Revenue Beat Expectations as Full-Year Outlook Edged Higher

Market Focus10-28

On October 28, Manhattan Associates rose 10.27% in After-Hours Trading, trading at $258.00/share, with turnover of $8.74 million.

The move followed a quarterly report that exceeded expectations and updated full-year guidance that came in modestly above consensus.

For the third quarter ended September 30, adjusted EPS was $1.55, up from $1.36 a year earlier and above the $1.46 consensus estimate. Revenue rose to $306.2 million from $275.8 million, also ahead of the $297.0 million estimate. The company said it now expects full-year adjusted EPS of $5.54 to $5.56 on revenue of $1.176 billion to $1.178 billion, versus market expectations of $5.50 and $1.17 billion. The combination of an earnings beat, revenue beat, and slightly stronger outlook aligned with the after-hours rise.

(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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