NEW YORK - E2open Parent Holdings, Inc. (NYSE:ETWO) reported third quarter fiscal 2025 results that showed in-line earnings but revenue that fell short of analyst expectations. The supply chain software company also provided guidance below consensus for the current quarter.
E2open reported adjusted earnings per share of $0.05 for the third quarter, matching the analyst estimate. However, revenue came in at $151.7 million, missing the consensus forecast of $161 million.
Revenue declined 3.7% year-over-year, with subscription revenue down 0.6% to $132 million. The company said its retention performance improved significantly in the quarter.
For the fourth quarter, E2open expects revenue between $131-134 million, well below analyst estimates of $155.4 million. The company narrowed its full year fiscal 2025 revenue guidance to $607-611 million, compared to the consensus of $610.5 million.
"We significantly improved our retention performance, and we demonstrated the power of our end-to-end software solutions by winning cross-sell and new logo business with clients in a variety of industries," said CEO Andrew Appel.
The company reported adjusted EBITDA of $53.6 million for the quarter, down 3.2% year-over-year. E2open maintained its full year adjusted EBITDA guidance of approximately $215 million.
E2open said it is continuing its strategic review and comprehensive return-to-growth plan. The company recently created two new executive roles focused on strategy and product/technology to accelerate innovation and client engagement.
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