ETWO - Why Connected Supply Chain Software Platform E2open Shares Are Higher Today | Benzinga

E2open Parent Holdings Inc (NYSE: ETWO) shares are rising by around 11% after the company reported Q3 FY24 results.

Revenue declined 4.5% Y/Y to $157.5 million, beating the consensus of $154.3 million. GAAP subscription revenue fell 1.5% Y/Y to $132.8 million in the quarter.

Adjusted gross profit declined 3.4% Y/Y to $109.7 million, with a margin of 69.6% vs. 68.9% a year ago.

Adjusted EBITDA decreased 1.4% Y/Y to $55.4 million, with margins of 35.1% (vs. 34.1% prior year).

Adjusted EPS of $0.04 was Full story available on Benzinga.com