Manhattan Associates Inc
- Manhattan Associates dropped 5.6% to $276.0 after the supply chain software developer's revenue growth outlook fell short of market expectations.
Revenue in the third quarter increased to $266.7 million from $238.4 million, net income advanced to $63.8 million from $49.4 million, and diluted earnings per share rose to $1.03 from 79 cents a year ago.
The company estimated full-year 2024 revenue between $1.039 and $1.041 billion, an increase of 12% from a year ago.
The company estimated diluted earnings per share to range between $3.47 and $3.49, an increase of about 23% from a year ago.
Oct 23, 2024
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