Welcome to our dedicated page for Manhattan Associates news (Ticker: MANH), a resource for investors and traders seeking the latest updates and insights on Manhattan Associates stock.
Manhattan Associates Inc. (NASDAQ: MANH) is a global technology company specializing in supply chain commerce and omnichannel commerce software. The MANH news feed highlights how the company’s AI-powered, cloud-based platform evolves over time, with updates on product enhancements, customer deployments, financial performance and regulatory milestones.
Recent news has focused on Manhattan Active solutions and embedded AI. Manhattan has announced enhancements to Manhattan Active Omni and Manhattan Active Point of Sale, including agentic AI for store associates and contact centers, real-time sales and fulfillment insights, and simulation tools for optimizing fulfillment strategies. The company has also introduced a commercial AI Agent workforce embedded across Manhattan Active applications, with Interactive and Autonomous Agents supporting roles in retail stores, contact centers, warehouses and shipment tracking.
Investors and industry observers can follow MANH news for information on earnings releases and guidance, such as quarterly results and outlook shared via press releases and 8-K filings. The news stream also features customer case studies, including implementations at retailers like Pacsun and logistics providers like CEVA Logistics, which illustrate how Manhattan’s cloud-native solutions are used in real-world operations.
Additional coverage includes security and compliance developments, such as FedRAMP authorization for Manhattan’s Warehouse Management System, and leadership updates like executive appointments. By reviewing the MANH news page regularly, readers can monitor how Manhattan Associates advances its AI capabilities, expands its cloud offerings and engages with customers across retail, logistics and government sectors.
Manhattan Associates reports Q3 2020 revenue of $149.8 million, down from $162.3 million in Q3 2019. Q3 GAAP earnings per share (EPS) decreased to $0.39 from $0.42 year-over-year. Despite these declines, the company raised its full-year revenue, operating margin, and EPS guidance, indicating confidence in future performance. Cloud subscription revenue grew to $21.1 million, up from $14.2 million in Q3 2019. Cash flow from operations increased to $42.5 million. The company suspended its share repurchase program due to COVID-19 impacts.
Manhattan Associates has launched Manhattan Active® Allocation, a new allocation solution designed for the omnichannel marketplace. This innovative product is tailored for managing short lifecycle inventory in sectors like apparel and footwear. Key features include real-time insights into omni-fulfillment strategies such as BOPIS and curbside pickup, pre-season allocation decisions, and adaptable allocation plans to reduce markdowns. Built on a microservices architecture, this cloud-native solution is designed to scale with business needs, aiming to maximize profitability and minimize financial risks.
Manhattan Associates (NASDAQ: MANH) announced that L’Oréal will implement its Manhattan Active® Warehouse Management solution. The project is set to launch by mid-2021 and aims for global deployment across L’Oréal’s distribution centers by the end of 2023. This cloud-native system will enhance digitalization, efficiency, and productivity, crucial for L’Oréal's supply chain operations. The roll-out begins in Europe, showcasing Manhattan's capabilities to multinational brands.
Manhattan Associates (NASDAQ: MANH) will release its third quarter 2020 financial results on October 22, 2020, post-market close. A conference call with senior management will follow at 4:30 PM ET. Investors can access a live webcast through the investor relations section of the Manhattan Associates website, with an option for replay available for two weeks after the call. The company specializes in supply chain and omnichannel commerce technology, providing cloud and on-premises solutions to enhance profitability and growth for customers.
Manhattan Associates reported Q2 2020 revenue of $135.6 million, down from $154.3 million in Q2 2019. GAAP diluted EPS was $0.30, compared to $0.32 in the previous year. The company raised its full-year revenue and earnings guidance due to strong cloud business growth, with cloud subscription revenue increasing to $18.5 million from $9.0 million YoY. However, services revenue fell to $71.8 million from $94.0 million, attributed to delays linked to the COVID-19 pandemic. Manhattan's cash flow improved to $48.8 million from $37.2 million in Q2 2019.
Manhattan Associates (NASDAQ: MANH) will announce its Q2 2020 financial results on July 23, 2020, after market closure. A conference call with senior management will follow at 4:30 PM ET on the same day. Investors can access the live webcast via the investor relations section of their website. For those unable to join live, a replay will be available shortly after the call. Manhattan Associates continues to advance its technology leadership in supply chain and omnichannel commerce, providing integrated solutions to enhance profitability and growth for customers.
Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in Gartner's Magic Quadrant for Transportation Management Systems for its Transportation Management System (TMS). This recognition underscores Manhattan's commitment to enhancing customer experiences through innovative logistics solutions.
The TMS facilitates seamless management of inbound and outbound logistics, attracting major clients like PLUS Retail in the Netherlands. The solution is part of the Manhattan Active® Supply Chain Solution suite, offering advanced capabilities for adapting to supply chain changes.
Manhattan Associates (NASDAQ: MANH) unveiled its Manhattan Active® Warehouse Management solution at the Momentum Connect customer conference on May 20, 2020. This innovative cloud-native WMS integrates distribution functions with a user-friendly mobile interface and machine learning capabilities. The new system ensures continuous updates without requiring upgrades, enhancing operational efficiency. The architecture allows automatic scaling to accommodate fluctuating demand and optimizes labor operations through integrated automation and robotics, setting a new standard for warehouse management.