E2open Parent Holdings Inc (ETWO)

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Why is E2open Parent Holdings Inc (ETWO) Stock down?

We've noticed a 5.31% decline in E2open Parent Holdings Inc (ETWO) stock during the 2024-04-10 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

12 Jul, 2023:

The E2open Parent Holdings' shares fell 7.88% today related to its financial results for the first quarter ended May 31, 2023 which was annouced two days ago. In detail, total GAAP revenue, GAAP gross profit and GAAP gross margin decreased by 0.2%, 2.8% and 1.3% respectively, from the year-ago comparable period. Also, the GAAP EPS for the first quarter of 2023 was a loss of $1.08. Those upset the investors.

https://finance.yahoo.com/news/e2open-announces-fiscal-2024-first-201900432.html