Manhattan Beats Earnings Estimates, Raises Outlook
Manhattan Associates continues to maintain a firm grip on warehouse management. The enterprise software company late Tuesday reported first-quarter earnings that soundly beat analyst estimates as it staves off meaningful competition from larger rivals Oracle (ORCL) and SAP (SAP) and others in the warehouse management software market. Manhattan Associates (MANH) also raised its guidance for the year that easily beat views. Shares fell about 2% in