Every material Form 8-K Manhattan Associates filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Manhattan Associates reported third-quarter 2024 revenue of $266.7 million, up from $238.4 million a year earlier, and GAAP diluted EPS of $1.03 versus $0.79. The company also issued full-year 2024 guidance of $1,039 million to $1,041 million in revenue and $3.47 to $3.49 in GAAP EPS, and its board replenished buyback authority to $75.0 million, which matters to shareholders because it sets the company's expected earnings and capital return.
Q3 2024 revenue was $266.7 million, compared with $238.4 million in Q3 2023; cloud subscription revenue was $86.5 million, compared with $65.0 million.
GAAP diluted EPS was $1.03 for Q3 2024 versus $0.79; adjusted diluted EPS, a non-GAAP measure, was $1.35 versus $1.05.
2024 full-year guidance: total revenue of $1,039 million to $1,041 million and GAAP EPS of $3.47 to $3.49.
In October 2024 the board replenished the remaining share repurchase authority to $75.0 million; the company bought back $49.7 million of stock in Q3 2024.
Manhattan Associates reported second-quarter 2024 revenue of $265.3 million, up from $231.0 million a year earlier, and GAAP diluted earnings per share of $0.85 versus $0.63. The company also raised its full-year 2024 guidance, now projecting total revenue of $1,036 million to $1,044 million and GAAP diluted EPS of $3.08 to $3.16, with adjusted EPS of $4.22 to $4.30.
Q2 2024 total revenue was $265.3 million, compared with $231.0 million in Q2 2023.
Q2 2024 GAAP diluted EPS was $0.85, compared with $0.63; adjusted diluted EPS was $1.18, compared with $0.88.
2024 full-year guidance: total revenue $1,036 million to $1,044 million (12% growth) and GAAP EPS $3.08 to $3.16.
Cash flow from operations was $73.3 million in Q2 2024, compared with $40.6 million in Q2 2023; cash totaled $202.7 million at June 30, 2024.
Manhattan Associates accepted the resignation of director Deepak Raghavan on July 18, 2024. He had tendered the resignation after votes against his reelection at the May 23, 2024 annual meeting outnumbered votes in favor, which triggered the company's Majority Voting Director Resignation Policy. His exit takes effect once the board recruits and appoints a successor, so shareholders should expect a board change.
Votes against Deepak Raghavan's reelection exceeded votes in favor at the May 23, 2024 annual meeting
Raghavan tendered his resignation on May 23, 2024, conditioned on board acceptance
Board accepted the resignation on July 18, 2024, based on the Nomination and Governance Committee's recommendation
Resignation takes effect after the board appoints a successor; no successor is named in the filing
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Manhattan Associates filing is on SEC EDGAR ↗. 8-K briefs of other companies →