E2open reported a decrease in total revenue for Q4 2021, but non-GAAP revenue increased. The company's net income saw a significant increase compared to the previous year. E2open is raising its fiscal year 2022 guidance.
Total revenue for Q4 2021 reached $81.0 million, a decrease of 3.8% year-over-year.
Non-GAAP revenue for Q4 2021 was $88.8 million, an increase of 5.5% year-over-year.
Net income for Q4 2021 was $33.3 million, compared to a net loss of $20.9 million in the same quarter of 2020.
Adjusted EBITDA was $28.2 million with a margin of 32%, an increase of 42.9% year-over-year.
E2open is providing guidance for its full fiscal year 2022, which ends February 28, 2022.
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