E2open Parent Soars 34.52% on Mixed Earnings

Generated by AI AgentAinvest Movers Radar
Thursday, May 1, 2025 4:05 am ET1min read
ETWO--

E2open Parent's stock surged 34.52% in pre-market trading on May 1, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

E2open Parent recently released its fiscal 2025 fourth-quarter and full-year financial results, revealing a mixed performance. The company reported a GAAP gross profit of $299.7 million for the fiscal year, a 5.7% decrease from the previous year. In the fourth quarter, E2open ParentETWO-- reported total revenue of $152.68 million, a 3.6% decline compared to the same period last year. Despite these challenges, the company's earnings per share (EPS) improved to a loss of $0.71 per share, a 51.0% improvement from the previous year's loss of $1.45 per share. However, the net loss widened significantly to $268.50 million, largely due to a non-cash goodwill impairment charge of $245 million.

E2open's CEO, Andrew Appel, expressed cautious optimism about the company's future growth, highlighting improvements in client satisfaction and retention as key drivers. The company expects FY 2026 subscription revenue to range from $525 million to $535 million, reflecting a potential year-over-year growth rate of negative 1.0% to positive 1.0%. Additionally, E2openETWO-- has been recognized for its leadership in the supply chain software sector, being named a leader in Gartner’s Magic Quadrant for Transportation Management Systems for the third consecutive year and expanding its multi-enterprise network to 500,000 connected enterprises.

Knowing stock market today at a glance

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet