Why E2open Parent Holdings Stock Dived by 7% Today
E2open(ETWO) The Motley Fool·2024-07-12 06:37
Declining fundamentals and uninspiring guidance made the company's shares unpopular on Hump Day. In its fiscal first quarter of 2025, E2open saw its revenue decline on a year-over-year basis. It fell to just over $151 million from 2024's Q1 tally of $160 million. The dynamic was similar with the company's non-GAAP (adjusted) net income; this came in at $13 million, or $0.04 against the year-ago profit of nearly $16 million. Investors weren't particularly open to the idea of owning E2open Parent Holdings (ET ...