E2open reported a decrease in total GAAP revenue by 4.0% year-over-year, with subscription revenue also declining by 2.3%. The company is focused on improving client retention and sales execution, adjusting its FY25 revenue guidance conservatively due to extended deal closure timelines.
GAAP subscription revenue was $131.6 million, at the high end of guidance.
Total GAAP revenue decreased by 4.0% year-over-year to $152.2 million.
GAAP net loss was $32.9 million, an improvement from the previous year's $38.6 million loss.
Adjusted EBITDA was $54.9 million with a margin of 36.1%.
E2open is updating its full year 2025 guidance and providing third quarter 2025 guidance. GAAP subscription revenue for fiscal 2025 is expected to be in the range of $526 million to $532 million. Total GAAP revenue for fiscal 2025 is expected to be in the range of $607 million to $617 million.