How Cloud Momentum and Buybacks Will Impact Manhattan Associates (MANH) Investors - Simply Wall St News
· Source: simplywall.st
In short
Manhattan Associates reported Q1 2026 revenue of US$282.22 million, with strong 24% year-over-year cloud revenue growth and over half of new bookings from new customers. The company's cloud-native, AI-enhanced supply chain platform is driving momentum, supported by AI use cases and distribution through the Google Cloud Marketplace. Despite a slight dip in GAAP earnings and a tough year for the share price, management raised full-year guidance and completed a US$1.52 billion share repurchase program.
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Tags: supply chain, cloud, AI, inventory, logistics