MANHATTAN ASSOCIATES INC announced a restructuring with charges of approximately $7 million to $9 million (approximately 6%).
“On June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions.”
Earnings Releases
MANHATTAN ASSOCIATES INC reported first quarter ended March 31, 2026 results: revenue $282.2 million, EPS $0.82. Guidance initiated.
“Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $282.2 million for the first quarter ended March 31, 2026, compared to $262.8 million in Q1 2025. GAAP diluted earnings per share for Q1 2026 was $0.82 compared to $0.85 in Q1 2025.”
Deepak Raghavan departed as Director at MANHATTAN ASSOCIATES INC.
“Ms. Sheer initially will serve the remainder of the term of co-founder and long-term director Mr. Deepak Raghavan, who is retiring as of May 13, 2025.”
Danielle Sheer was elected as Director at MANHATTAN ASSOCIATES INC.
“Election of New Director On April 16, 2025, the Board of Directors (the “Board”) of the Company elected Ms. Danielle Sheer to serve as a member of the Board, as a Class II director, and appointed her to serve on the Nomination and Governance Committee, both effective as of May 13, 2025.”
Eddie Capel changed role as Executive Vice-Chairman of the Board at MANHATTAN ASSOCIATES INC.
“Mr. Capel would assume the office of Executive Vice-Chairman of the Board”
Eric A. Clark was elected as President and Chief Executive Officer at MANHATTAN ASSOCIATES INC.
“its Board of Directors elected Mr. Eric A. Clark to succeed Mr. Eddie Capel as President and Chief Executive Officer of the Company”
Eddie Capel changed role as Executive Vice-Chairman at MANHATTAN ASSOCIATES INC.
“Mr. Capel will assume the office of Executive Vice-Chairman of the Board.”
Eric A. Clark was appointed as Class II Board Member at MANHATTAN ASSOCIATES INC.
“appointed Mr. Clark to serve as a Class II Board member.”
Eric A. Clark was elected as President and Chief Executive Officer at MANHATTAN ASSOCIATES INC.
“the Board of Directors elected Mr. Eric A. Clark to succeed Mr. Eddie Capel as President and Chief Executive Officer of the Company, to be effective February 12, 2025.”
Eric A. Clark was appointed as Class II Board member at MANHATTAN ASSOCIATES INC.
“The Board also increased the size of the Board from eight to nine members and appointed Mr. Clark to serve as a Class II Board member.”
Eric A. Clark was elected as President and Chief Executive Officer at MANHATTAN ASSOCIATES INC.
“the Board of Directors elected Mr. Eric A. Clark to succeed Mr. Eddie Capel as President and Chief Executive Officer of the Company, to be effective February 12, 2025.”
Eddie Capel changed role as Executive Vice-Chairman of the Board at MANHATTAN ASSOCIATES INC.
“Mr. Capel will assume the office of Executive Vice-Chairman of the Board.”
Deepak Raghavan departed as Director at MANHATTAN ASSOCIATES INC.
“On July 18, 2024, based on the recommendation of the Nomination and Governance Committee, the Board accepted Mr. Raghavan’s resignation effective following the Board’s recruitment, and on its appointment, of his successor.”
Earnings Releases
MANHATTAN ASSOCIATES INC reported for the three months ended March 31, 2024 results: revenue $254.6 million, EPS $0.86. Guidance raised.
“Full-Year Guidance ATLANTA – April 23, 2024 – Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $254.6 million for the first quarter ended March 31, 2024. GAAP diluted earnings per share for Q1 2024 was $0.86 compared to $0.62 in Q1 2023. Non-GAAP adjusted diluted earnings per share for”
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