Manhattan Associates CEO talks Q2 beat, AI plans

Manhattan Associates (MANH) stock soared after the company surpassed second-quarter earnings expectations, beating estimates on both revenue and profit. Manhattan Associates CEO Eddie Capel joins Market Domination to discuss the results.

Capel attributes the strong performance to broad-based demand, highlighting the company's global presence with 18 offices worldwide and "a pretty broad portfolio of supply chain management software." He notes that this combination creates balance and diversification, which "frankly is one of the things that enabled us to deliver such a good quarter."

On the AI front, Manhattan Associates has recently launched "production-ready AI capability in our applications," marking their first step into AI adoption to enhance customer productivity. "We're excited for the opportunity for sure... but we are taking a pragmatic approach to releasing capabilities that we think our customers will really be able to use and frankly we'll be able to monetize," Capel told Yahoo Finance.

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This post was written by Angel Smith