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E2open (NASDAQ:EOPN) released its earnings data on Thursday. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.15) by $0.01, Analyst Ratings.Net reports. The company had revenue of $19.60 million for the quarter, compared to the consensus estimate of $19.48 million. During the same quarter in the prior year, the company posted ($0.15) earnings per share. The company’s quarterly revenue was up 21.7% on a year-over-year basis. E2open updated its Q2 guidance to $(0.20)-(0.18) EPS and its FY15 guidance to $(0.54)-(0.51) EPS.

Shares of E2open (NASDAQ:EOPN) traded up 0.98% on Thursday, hitting $19.65. The stock had a trading volume of 185,489 shares. E2open has a 52-week low of $15.42 and a 52-week high of $29.82. The stock has a 50-day moving average of $18.81 and a 200-day moving average of $21.73. The company’s market cap is $566.4 million.

On the ratings front, analysts at Canaccord Genuity cut their price target on shares of E2open from $28.00 to $22.00 in a research note on Friday, April 25th. They now have a “buy” rating on the stock. Eight equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $26.86.

E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.

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