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Stock impact report

Q4 Earnings Review: Vertical Software Stocks Led by Manhattan Associates (NASDAQ:MANH) [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
Software is eating the world, and while a large number of solutions such as project management or video conferencing software can be useful to a wide array of industries, some have very specific needs. As a result, vertical software, which addresses industry-specific workflows, is growing and fueled by the pressures to improve productivity, whether it be for a life sciences, education, or banking company. The 4 vertical software stocks we track reported a mixed Q4; on average, revenues beat analyst consensus estimates by 1.4%. while next quarter's revenue guidance was 1.6% below consensus. Stocks have faced challenges as investors prioritize near-term cash flows, but vertical software stocks held their ground better than others, with the share prices up 0.9% on average since the previous earnings results. Best Q4: Manhattan Associates (NASDAQ:MANH) Boasting major consumer staples and pharmaceutical companies as clients, Manhattan Associates (NASDAQ:MANH) offers a software-as-se Show less Read more
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