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NEW YORK – E2open Mum or dad Holdings, Inc. (NYSE:ETWO) reported third quarter fiscal 2025 outcomes that confirmed in-line earnings however income that fell wanting analyst expectations. The provision chain software program firm additionally offered steering under consensus for the present quarter.
E2open reported adjusted earnings per share of $0.05 for the third quarter, matching the analyst estimate. Nevertheless, income got here in at $151.7 million, lacking the consensus forecast of $161 million.
Income declined 3.7% year-over-year, with subscription income down 0.6% to $132 million. The corporate mentioned its retention efficiency improved considerably within the quarter.
For the fourth quarter, E2open expects income between $131-134 million, nicely under analyst estimates of $155.4 million. The corporate narrowed its full 12 months fiscal 2025 income steering to $607-611 million, in comparison with the consensus of $610.5 million.
“We considerably improved our retention efficiency, and we demonstrated the ability of our end-to-end software program options by successful cross-sell and new brand enterprise with purchasers in quite a lot of industries,” mentioned CEO Andrew Appel.
The corporate reported adjusted EBITDA of $53.6 million for the quarter, down 3.2% year-over-year. E2open maintained its full 12 months adjusted EBITDA steering of roughly $215 million.
E2open mentioned it’s persevering with its strategic evaluation and complete return-to-growth plan. The corporate just lately created two new govt roles centered on technique and product/expertise to speed up innovation and shopper engagement.
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