Manhattan Associates reported fourth-quarter EPS of $1.21, outperforming the consensus estimate of $1.11 and representing a 3.4% increase from the $1.17 earned in the same period a year ago. The company noted that software subscription revenues grew 12% year-over-year, driven by new client implementations and expansions within its warehouse execution and transportation management suites. Operating margin expanded by 150 basis points to 32.5%, reflecting disciplined cost management and higher recurring revenue mix.

Total revenue for the quarter rose 9% year-over-year, led by a 14% jump in professional services bookings and an 8% increase in maintenance fees. License revenue softened slightly, down 2% versus the prior year, consistent with the industry shift toward subscription models. Deferred revenue ended the period at $285 million, up 10% sequentially, underscoring strong backlog visibility and customer commitment to multi-year contracts.