Levi & Korsinsky Investigates Manhattan Associates: Disappointing Earnings and Fiscal 2025 Guidance
New York, NY – In a recent press release dated February 20, 2025, Levi & Korsinsky, LLP notified investors of an investigation into Manhattan Associates, Inc. (NASDAQ: MANH) regarding potential securities law violations. The investigation comes in response to the company’s fourth quarter fiscal 2024 earnings report and disappointing fiscal 2025 guidance.
Disappointing Fourth Quarter Results
On January 28, 2025, Manhattan Associates announced its fourth quarter fiscal 2024 results, revealing a net loss of $11.8 million, or $0.15 per share, compared to a net income of $78.2 million, or $1.03 per share, in the same period the previous year. The company attributed the loss to restructuring charges and acquisition-related expenses.
Fiscal 2025 Guidance Falls Short
Manhattan Associates also issued disappointing fiscal 2025 guidance, suggesting a significant demand slowdown. The company expects revenue growth of only 2.2% compared to the 12.3% growth recorded in fiscal 2024. This news sent shockwaves through the investment community, causing a sharp decline in the company’s stock price.
Impact on Investors
Investors who purchased Manhattan Associates stock based on previous growth projections may be negatively affected by this news. The company’s disappointing earnings and weak fiscal 2025 guidance could lead to significant losses for those who held onto the stock during this period. The investigation launched by Levi & Korsinsky adds another layer of uncertainty for investors, as it could potentially uncover information that further impacts the company’s stock price.
Impact on the World
Manhattan Associates’ disappointing earnings and fiscal 2025 guidance could have ripple effects on the business world, particularly in the technology sector. As a leading provider of supply chain management and omnichannel commerce solutions, Manhattan Associates’ performance is closely watched by investors and industry analysts. A significant downturn for the company could signal broader issues within the technology sector, potentially impacting other businesses and industries that rely on technology for growth.
Conclusion
The investigation launched by Levi & Korsinsky into Manhattan Associates is a cause for concern for investors, particularly those who have recently purchased the company’s stock. The disappointing fourth quarter earnings and weak fiscal 2025 guidance have sent shockwaves through the investment community, causing a sharp decline in the company’s stock price. The potential for further revelations through the investigation adds another layer of uncertainty for investors. Furthermore, Manhattan Associates’ performance could have broader implications for the technology sector and the business world as a whole.
- Levi & Korsinsky launches investigation into Manhattan Associates
- Company reports net loss in Q4 fiscal 2024
- Fiscal 2025 guidance falls significantly short of expectations
- Investors negatively affected by news
- Potential ripple effects on technology sector and business world
