Overview

* Manhattan Associates ( MANH ) Q3 revenue beats analyst expectations, reaching $275.8 mln

* Adjusted EPS for Q3 2025 beats consensus, reaching $1.36

* Company repurchased 233,425 shares, replenished buyback authority to $100 mln

Outlook

* Manhattan Associates ( MANH ) sees full-year revenue between $1,073 mln and $1,077 mln

* Company expects full-year GAAP EPS between $3.43 and $3.45

* Manhattan Associates ( MANH ) anticipates full-year adjusted EPS between $4.95 and $4.97

* Co is investing in personnel and solutions to capitalize on expanding market opportunities

Result Drivers

* CLOUD REVENUE GROWTH - Driven by solid demand, cloud revenue increased by 21% in Q3 2025

* SERVICES REVENUE - Better than expected services revenue generation contributed to Q3 results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $275.80 $271.76

Revenue mln mln (8

Analysts

)

Q3 Beat $1.36 $1.17 (9

Adjusted Analysts

EPS )

Q3 EPS $0.96

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Manhattan Associates Inc ( MANH ) is $232.11, about 13.8% above its October 20 closing price of $200.02

* The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 41 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)