E2open Parent Holdings Inc (NYSE:ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, stock fell 3.69% (As on January 10, 11:24:32 AM UTC-4, Source: Google Finance) after the company posted mixed result for the third quarter of FY 25. GAAP subscription revenue for the third quarter of 2025 was $132.0 million, a decrease of 0.6% from the year-ago comparable period and 87.0% of total revenue. Non-GAAP gross profit was $104.3 million, down 4.9%. Non-GAAP gross margin was 68.8% compared to 69.6% from the comparable year-ago period. Adjusted EBITDA for the third quarter of 2025 was $53.6 million, a decrease of 3.2% from the year-ago comparable period. Adjusted EBITDA margin was 35.3% versus 35.1% from the comparable year-ago period.

Moreover, among the wins in the third quarter was a large cross-sell deal with a leading global retailer, providing another example of e2open’s strength in Supply Chain Collaboration and Supply Planning for the consumer retail segment. Further, among the customer go-lives in the quarter was a large multinational pharmaceutical and healthcare company that will improve onboarding and decrease shipping time across its supply network, and a multinational apparel company that has centralized its global trade management with e2open to increase productivity, reduce risk, and control spending.

ETWO in the third quarter of FY 25 has reported the adjusted earnings per share of 5 cents, missing the analysts’ estimates for the adjusted earnings per share of 6 cents, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue decline of 3.7 percent to $151.66 million in the third quarter of FY 25, beating the analysts’ estimates for revenue by 1.04%.

GAAP subscription revenue for fiscal 2025 is expected to be in the range of $526 million to $529 million, reflecting a negative 1.7% growth rate at the mid-point. GAAP subscription revenue for the fiscal fourth quarter of 2025 is expected to be in the range of $131 million to $134 million, reflecting a negative 1.4% growth rate at the mid-point and negative 1.1% growth on a constant currency basis.

Total GAAP revenue for fiscal 2025 is expected to be in the range of $607 million to $611 million, reflecting a negative 4.0% organic growth rate at the mid-point. Non-GAAP gross profit margin for fiscal 2025 is expected to be in the range of 68% to 70%. Adjusted EBITDA for fiscal 2025 is expected to be approximately $215 million with an implied adjusted EBITDA margin of approximately 35%, both consistent with previous guidance.