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 24% after the company reported Q4 and FY 2024 results and provided 2025 revenue guidance below expectations. The company cited headwinds in its services business and expects a decrease in 2025 GAAP EPS.
February 21, 2025 | 5:45 pm
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Manhattan Associates' stock dropped 24% due to disappointing Q4 and FY 2024 results and weak 2025 guidance. The company faces challenges in its services business and expects a decline in 2025 GAAP EPS.
The 24% drop in MANH's stock price is directly linked to the company's announcement of lower-than-expected Q4 and FY 2024 results and 2025 guidance. The headwinds in the services business and expected decline in GAAP EPS are significant concerns for investors, leading to a negative short-term impact on the stock price.
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