E2open guidance disappoints, shares -24.8% AH

|About: E2open (EOPN)|By:, SA News Editor

Though its FQ2 results beat estimates, E2open's (EOPN) guidance fell well short of expectations.

The cloud supply-chain management software vendor expects FQ3 revenue of $18.1M-$18.6M and EPS of -$0.21 to -$0.18, below a consensus of $21M and -$0.04. FY14 (ends Feb. '14) guidance is for revenue of $73.2M-$74.2M and EPS of -$0.57 to -$0.53, below a consensus of $77.6M and -$0.34.

No explanation is given in the earnings PR for the shortfalls.