E.piphany (EPNY) was down 24.1% in early trading after hitting a 52-week low of $6.69.

After the close Monday, the business software maker warned that it would lose up to 40 cents a share in the first quarter, much worse than the

Thomson Financial/First Call

estimate of a 9 cent loss.

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The company, however, said it was encouraged by some of the new customers it had attracted during the quarter.