Manhattan Associates Inc (MANH)
Manhattan Associates Inc (MANH) is a global provider of supply chain and omnichannel commerce solutions. Founded in 1990, the company offers software and hardware solutions to help retailers, wholesalers, and logistics providers optimize inventory management, warehouse operations, transportation, and order fulfillment, enhancing overall supply chain efficiency and customer experience.
Company News
Manhattan Associates reported strong Q2 2025 financial performance, with GAAP revenue of $272.4 million and cloud subscription revenue growing 21.9% year-over-year. Despite positive results, the company experienced service revenue decline and implemented workforce restructuring due to macroeconomic uncertainties.
Grabar Law Office is investigating potential securities fraud and fiduciary breaches for several publicly traded companies, alleging misleading statements, financial misrepresentations, and operational issues that impacted investor confidence.
Several large-cap stocks, including NVIDIA, Teva Pharmaceutical, and UPS, experienced significant losses last week due to factors such as AI competition, weak guidance, and mixed financial results.
Manhattan Associates (MANH) and Enphase Energy (ENPH) are up 9% and 6.5% respectively in premarket trading after reporting strong Q2 earnings, indicating they could continue rallying.
Progress Software (PRGS) delivered earnings and revenue surprises of 14.74% and 3.85%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?
