BUZZ-E2Open slumps on weak annual revenue forecast

Reuters10-10

** Shares of supply chain software platform E2open Parent Holdings down 18.4% at $3.33

** Company expects FY total revenue in the range of $607 mln - $617 mln vs estimates of $633 mln compiled by LSEG

** ETWO reports 4% decline in Q2 total rev to $152.2 mln, missing estimates of $154.8 mln

** Posts Q2 adj. profit of $0.05 per share, in line with LSEG estimates

** 5 of 6 brokerages rate the stock "hold" and 1 "sell"; their median PT is $4.30

** Up to last close, stock down ~7.06% YTD

(Reporting by Rishab Shaju in Bengaluru)

((Rishab.shaju@thomsonreuters.com))

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