{
  "id": 16795378,
  "title": "Manhattan Associates soars 11% on strong earnings beat",
  "url": "https://urgent.news/2026/10/27/manhattan-associates-soars-11-on-strong-earnings-beat",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T20:49:34.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/manhattan-associates-soars-11-on-strong-earnings-beat-4976949"
  },
  "original_language": "en",
  "account": "Manhattan Associates (NASDAQ: MANH) delivered a strong third quarter, surpassing analyst expectations with adjusted earnings per share (EPS) of $1.55, outpacing the $1.46 consensus. Revenue skyrocketed to $306.2 million, marking an 11% increase year-over-year, compared to $275.8 million a year ago. After-hours trading saw the company's shares surge 10.9%. Supply chain and omnichannel commerce solutions provider Manhattan Associates reported a significant 28% YoY growth in cloud subscription revenue, reaching $134.4 million, while services revenue grew modestly to $134.4 million.\n\nThe company's remaining performance obligation (RPO) expanded by 25% to $2.59 billion. Manhattan Associates achieved a record Q3 and year-to-date performance, posting another record bookings quarter. CEO Eric Clark stated, \"On strong demand, we posted another record bookings quarter and achieved two milestones. Cloud revenue surpassed services revenue, and total quarterly revenue exceeded $300 million.\" For the full year 2026, Manhattan Associates forecasted revenue between $1,176 million and $1,178 million, representing 9% growth, with an adjusted EPS expected to range from $5.54 to $5.56, reflecting 9% to 10% growth. The company generated $68.6 million in cash flow from operations during the quarter, repurchasing 244,748 shares for $50.0 million, with $199.4 million in cash on hand at quarter end.",
  "summary": null,
  "key_points": [
    "Manhattan Associates earnings per share beat consensus by $0.09",
    "Revenue increased 11% year-over-year to $306.2 million",
    "Cloud revenue surpassed services revenue for the first time"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Manhattan Associates outlines 21% 2026 RPO growth outlook while raising full-year revenue to $1.176B-$1.178B",
        "url": "https://urgent.news/2026/10/28/manhattan-associates-outlines-21-2026-rpo-growth-outlook-while",
        "published": "2026-10-28T00:10:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}