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Stock impact report

Manhattan Associates's (NASDAQ:MANH) Q1: Beats On Revenue But Gross Margin Drops [Yahoo! Finance]

Manhattan Associates, Inc. (MANH) 
Last manhattan associates, inc. earnings: 4/21 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.manh.com
Company Research Source: Yahoo! Finance
The company expects the full year's revenue to be around $1.03 billion, in line with analysts' estimates. It made a non-GAAP profit of $1.03 per share, improving from its profit of $0.80 per share in the same quarter last year. Is now the time to buy Manhattan Associates? Find out in our full research report Manhattan Associates (MANH) Q1 CY2024 Highlights: Revenue: $254.6 million vs analyst estimates of $243.3 million (4.6% beat) EPS (non-GAAP): $1.03 vs analyst estimates of $0.87 (18.4% beat) The company lifted its revenue guidance for the full year from $1.02 billion to $1.03 billion at the midpoint, a 1% increase Gross Margin (GAAP): 53.1%, in line with the same quarter last year Free Cash Flow of $52.42 million, down 39.3% from the previous quarter RPO: $1.5 billion, up 31% year on year Market Capitalization: $14.06 billion “We are very pleased with our solid start to 2024 and better than expected first quarter results. Manhattan's fundamentals are strong, as Show less Read more
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