- Adjusted EPS: $1.18 per share, beating the estimate of 96 cents and up from 88 cents year-over-year (y/y).
- Revenue: $265.3 million, a 15% increase y/y, surpassing the estimate of $256 million.
- Cloud Subscription Revenue: $82.4 million, up 35% y/y, topping the estimate of $80.8 million.
- Software License Revenue: $3.06 million, down 18% y/y, but exceeding the estimate of $1.37 million.
- Services Revenue: $136.8 million, a 9.8% increase y/y, slightly below the estimate of $137.5 million.
- Analyst Ratings: 7 buys, 4 holds, 0 sells.
“`
A look at Manhattan Associates Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Manhattan Associates, a company specializing in information technology solutions for distribution centers, holds promising long-term prospects based on its Smartkarma Smart Scores. With a strong emphasis on growth and resilience, the company’s score of 4 for growth and 5 for resilience indicates a positive outlook for the future. Manhattan Associates is dedicated to optimizing inventory management and enhancing operational efficiency within distribution centers, positioning itself well for sustained growth and adaptability in a competitive market.
While Manhattan Associates shows solid potential for growth and resilience, its scores for value, dividend, and momentum provide additional insights into its overall outlook. With a focus on value creation and a growing momentum in the market, the company continues to demonstrate its strategic approach to delivering value to investors and stakeholders. As Manhattan Associates leverages its innovative solutions to drive efficiency and productivity in distribution centers, its smart scores reflect a balanced strategy for long-term success in the evolving technological landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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