Manhattan Associates (MANH) Shares Tumble 24% After Citing Headwinds for Services Business & Revealing 2025 GAAP EPS Expected to Shrink – Hagens Berman
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Manhattan Associates (MANH) shares fell by 24% after the company reported Q4 and FY 2024 financial results and provided 2025 revenue guidance below analysts' expectations. The company cited headwinds for its services business and expects a decrease in 2025 GAAP EPS.
February 10, 2025 | 7:15 pm
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Manhattan Associates' stock dropped 24% due to disappointing Q4 and FY 2024 results and lower-than-expected 2025 revenue guidance. The company faces headwinds in its services business and anticipates a decline in 2025 GAAP EPS.
The significant drop in MANH's stock price is directly linked to the company's underperformance in Q4 and FY 2024, along with a pessimistic outlook for 2025. The market reacted negatively to the news, reflecting concerns over the company's future earnings potential.
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