Benchmark: Manhattan Associates Delivers 4Q EPS

Benchmark has released a research report stating that Manhattan Associates, Inc. MANH reported a favorable quarter last night driven by a good large deal performance. In the report, Benchmark commented, “Adjusted EPS and license revenue beat our estimates, though total revenue of $85.6 million came in under our Street-high number due to lower professional services and hardware revenue. We retain our Hold rating.” Manhattan Associates closed yesterday at $43.89.