The tech firm topped forecasts, raised its full-year guidance, and welcomed a new chief operating officer, while also renewing its stock buyback program.
What’s going on here?
Manhattan Associates topped third-quarter expectations, raised its 2025 outlook, announced a new chief operating officer, and refreshed its $100 million share buyback plan.
What does this mean?
The supply chain and warehouse software specialist kept its winning streak alive this quarter. Adjusted earnings per share hit $1.36 – easily beating analyst predictions and last year’s results. Revenue came in at $275.8 million, outpacing both last year’s figures and Wall Street’s hopes. The firm brought Greg Betz, who comes with Microsoft FastTrack experience, on board as its new COO, aiming to accelerate growth and operational chops. Meanwhile, Manhattan Associates renewed its $100 million stock buyback program, signaling management’s faith in its future. With a bump in its 2025 guidance for both earnings and sales, the company’s betting on robust demand to stick around.
Why should I care?
For markets: Earnings growth keeps investors optimistic.
Manhattan Associates’ steady outperformance is keeping investor spirits high in enterprise tech. The company’s ability to beat both earnings and revenue estimates, plus its raised expectations for next year, shows demand for digital supply chain solutions isn’t slowing. Stock buybacks give further support to the price, doubling down on management’s confidence in what’s ahead.
The bigger picture: Tech leadership and shareholder focus add fuel.
Bringing in a new COO with Microsoft chops shines a light on Manhattan Associates’ drive to push growth in a tough tech landscape. The mix of rising forecasts, operational upgrades, and share buybacks shows how software companies are leaning into innovation and financial discipline – a combination that could set the pace for other industry players.
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