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MANH: Solid Results, Cautious Outlook

TheMotleyFool

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MANH: Solid Results, Cautious OutlookPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Here's our initial take on Manhattan Associates' (NASDAQ: MANH) fourth-quarter financial report.

Manhattan Associates, which provides software for supply chain, inventory, and retail businesses, beat expectations in the fourth quarter, with revenue up 7% year over year. But the company is cautious about the year ahead, forecasting that sales growth will slow to just 2% to 3% in 2025.

That forecast, which calls for revenue of $1.06 billion to $1.07 billion, was short of the $1.1 billion Wall Street consensus.

Source Fool.com

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