Manhattan Associates Files 8-K on Financial Results

Ticker: MANH · Form: 8-K · Filed: Jan 30, 2024 · CIK: 1056696

Complexity: simple

Sentiment: neutral

Topics: earnings, financial-results, 8-K, corporate-update

TL;DR

**MANH just dropped an 8-K on financial results, get ready for potential market moves.**

AI Summary

Manhattan Associates, Inc. filed an 8-K on January 30, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's health and future prospects. For shareholders, this matters because it provides transparency into the company's recent financial activities, which can influence stock price and investment decisions.

Why It Matters

This filing provides an update on Manhattan Associates' financial performance, giving investors insight into the company's current health and future outlook.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently present new risks, but rather provides information to assess existing ones.

Analyst Insight

A smart investor would review the full 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' once available to understand the specifics of Manhattan Associates' performance and assess its impact on their investment thesis.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Manhattan Associates, Inc.?

The primary purpose of this 8-K filing, dated January 30, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as indicated by the 'ITEM INFORMATION' sections.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 30, 2024, as stated under 'Date of Report (Date of earliest event reported): January 30, 2024'.

What is the trading symbol and the exchange where Manhattan Associates, Inc.'s common stock is registered?

Manhattan Associates, Inc.'s common stock trades under the symbol 'MANH' and is registered on the 'Nasdaq Global Select Market', as listed under 'Securities registered pursuant to Section 12(b) of the Act'.

What is the state of incorporation for Manhattan Associates, Inc.?

Manhattan Associates, Inc. is incorporated in 'Georgia', as specified under '(State or Other Jurisdiction of Incorporation or organization)'.

What is the business address and phone number of Manhattan Associates, Inc.?

The business address for Manhattan Associates, Inc. is '2300 Windy Ridge Parkway, Tenth Floor, Atlanta, Georgia 30339' and their telephone number is '(770) 955-7070', according to the filing.

Filing Stats: 829 words · 3 min read · ~3 pages · Grade level 14.1 · Accepted 2024-01-30 16:05:31

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On January 30, 2024, Manhattan Associates, Inc. ("we", "our", or the "Company") issued a press release providing its financial results for the three and twelve months ended December 31, 2023. A copy of this press release is attached as Exhibit 99.1. Pursuant to General Instruction B.2 of Form 8-K, this exhibit is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. Non-GAAP Financial Measures in the Press Release The press release includes, as additional information regarding our operating results, our adjusted operating income and margin, adjusted income tax provision, adjusted net income and adjusted diluted earnings per share (collectively, "adjusted results"), which exclude the impact of equity-based compensation and related income tax effects. We have developed our internal reporting, compensation and planning systems using these additional financial measures. These various measures are not in accordance with, or alternatives for, financial measures calculated in accordance with generally accepted accounting principles in the United States ("GAAP") and may be different from similarly titled non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be used as a substitute for, or considered superior to, measures of financial performance prepared in accordance with GAAP. Non-GAAP measures used in the press release exclude the impact of equity-based compensation and related income tax effects because equity-based compensation expense typically does not require cash settlement by the Company. We also exclude the tax benefits or deficiencies of vested stock awards caused by differences in the amount deductible for tax purposes related to the stock award from the compensation expense recorded for financial reporting purposes. We assess our operating performance using these adjusted measures and believe our peers also typical

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated January 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Manhattan Associates, Inc. By: /s/ Dennis B. Story Dennis B. Story Executive Vice President, Chief Financial Officer and Treasurer Dated: January 30, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing