ETWO - E2open Q1 Disappoints: Revenue Falls Short Stock Price Plummets | Benzinga
E2open Parent Holdings, Inc. (NYSE:ETWO) shares are trading lower after the company reported first-quarter FY25 results.
Revenue declined 5.6% Y/Y at $151.2 million, missing the consensus of $155.0 million. Subscription revenue fell 2.6% Y/Y to $131.4 million.
Adjusted gross profit fell 7.1% Y/Y to $102.6 million, with gross margin contracted to 67.8% from 69.0% a year ago.
Adjusted EBITDA fell 5.7% Y/Y to $50.7 million, with a margin of 33.6% (flat Y/Y).
Adjusted EPS stood at $0.04, in line ...