04:41 PM EDT, 07/10/2024 (MT Newswires) -- E2open Parent Holdings ( ETWO ) reported fiscal Q1 adjusted earnings late Wednesday of $0.04 per share, down from $0.05 a year earlier.

Four analysts polled by Capital IQ expected $0.04.

Revenue for the quarter ended May 31 was $151.2 million, compared with $160.1 million a year earlier.

Four analysts surveyed by Capital IQ expected $155 million.

For the fiscal year 2025, the company reiterated its revenue guidance of $630 million to $645 million. Analysts polled by Capital IQ expect $637.1 million.

Shares dropped 8% in after-hours activity.

Price: 4.1000, Change: -0.35, Percent Change: -7.87