Welcome to our dedicated page for E2open Parent Holdings news (Ticker: ETWO), a resource for investors and traders seeking the latest updates and insights on E2open Parent Holdings stock.
E2open Parent Holdings, Inc. (symbol: ETWO) is a leading provider of cloud-based, on-demand software solutions designed to optimize supply chain management across global trading networks. The company offers a comprehensive end-to-end SaaS platform that integrates networks, data, and applications, empowering enterprises to efficiently procure, manufacture, sell, and distribute products. E2open's platform leverages real-time information, integrated business processes, and advanced analytics to provide deep visibility and control over trading networks.
E2open serves a diverse range of industries and boasts an impressive client list that includes major corporations such as Avnet, Celestica, Cisco, HP, IBM, Lenovo, L'Oréal, Motorola Solutions, Seagate, and Vodafone. The company operates primarily in the Americas but also has a significant presence in Europe and the Asia Pacific regions.
Recent achievements for E2open include strategic partnerships and continuous enhancements to its software solutions. The company's relentless focus on innovation and customer-centric approach has solidified its position as a key player in the supply chain management sector.
E2open's cloud-based platform supports a wide array of functionalities, including channel shaping, business planning, logistics, trade, manufacturing, and supply management. By combining these capabilities, E2open enables enterprises to streamline their operations, enhance efficiency, and drive business growth.
With a commitment to delivering value through technological excellence, E2open continues to invest in research and development to stay ahead of industry trends and meet the evolving needs of its customers. The company's financial health is robust, supported by a strong revenue stream and strategic investments aimed at scaling operations further.
Stay updated with the latest news and developments about E2open by visiting their official website or following their news releases. E2open remains dedicated to transforming supply chain management through innovative solutions and superior service.
E2open Parent Holdings (NYSE: ETWO) has been recognized as a leader in the Supply Chain Planning Technology Value Matrix 2022 by Nucleus Research for the third consecutive year. The report highlights E2open's robust functionality in supply chain planning, addressing global disruptions such as supply and labor shortages. New capabilities introduced include predictive supply sensing analytics, enhanced business planning views, scenario simulations, and improved forecasting algorithms. These innovations aim to enhance resilience and decision-making in supply chains, crucial for navigating current market challenges.
E2open Parent Holdings, Inc. (NYSE: ETWO) has established a new E2open Advisory Board to enhance its strategic direction in supply chain management. This board comprises six industry leaders, with three members scheduled to speak at the upcoming CONNECT 2022 client conference. The board will assist in areas such as business development, enterprise sales, and growth strategies. CEO Michael Farlekas emphasized the importance of having experts who understand the evolving supply chain landscape to drive the company's expansion.
E2open Parent Holdings (NYSE: ETWO) has announced its Q1 2022 technology update, introducing significant enhancements to its cloud-based supply chain management platform. Key features include improved user experience, advanced AI algorithms for data accuracy, and new tools for demand sensing and business planning. The update emphasizes increased productivity and collaboration across the supply chain, enabling clients to make faster, more informed decisions. The release addresses ongoing supply chain volatility, aiming to enhance operational resilience and efficiency.
E2open Parent Holdings (NYSE: ETWO) has been recognized as a Leader in the IDC MarketScape: Worldwide Global Trade Management Applications 2022 Vendor Assessment. This assessment highlights E2open's strong trade compliance capabilities and its ability to provide comprehensive solutions for global trade management, logistics, and visibility in cross-border trade. The report underscores E2open's strengths in collaborative network functionality and a dedicated team of over 100 specialists.
E2open Parent Holdings (NYSE: ETWO) will host its client conference, CONNECT 2022, from March 14-17, 2022, in Orlando, Florida. The event focuses on The Supply Chain Resiliency Challenge, uniting industry leaders to tackle supply chain complexities through over 50 interactive sessions. Keynotes include NASA astronaut Captain Scott Kelly and journalist Soledad O’Brien. Title sponsors include KPMG, Surge Transportation, and TriumphPay. For more information, visit connect.e2open.com.
E2open Parent Holdings (NYSE: ETWO) has acquired Logistyx Technologies for
E2open Parent Holdings (NYSE: ETWO) has announced a partnership with PayCargo to revolutionize freight payments. This collaboration integrates payment processes into E2open's supply chain platform, streamlining cargo release at ports and enhancing efficiency across transport modes. With instant payments, logistics providers can improve delivery times and reduce congestion, which also benefits environmental sustainability. E2open aims to strengthen its service offerings, potentially impacting over a quarter of global cargo movements positively.
E2open Parent Holdings, Inc. (NYSE: ETWO) has authorized a share repurchase program of up to $100 million for its Class A common stock over the next twelve months. The company has approximately 301.4 million shares outstanding as of January 10, 2022. This initiative is aimed at enhancing shareholder value and provides the flexibility to deploy capital effectively while maintaining the potential for future investments. The repurchase may occur through open market transactions or private deals, with management determining the timing and number of shares repurchased.
E2open Parent Holdings (NYSE: ETWO) reported robust financial results for Q3 FY2022, achieving total GAAP revenue of $137.0 million, a 62.9% increase from the previous year. Non-GAAP revenue rose 13.8% to $147.4 million. Subscription revenue also surged by 52.0% to $107.0 million. Despite this growth, the company faced a net loss of $64.3 million, worsening from a loss of $27.1 million in Q3 FY2021. E2open increased its fiscal year 2022 non-GAAP revenue guidance to a range of $474 million to $476 million, reflecting strong organic growth.
E2open Parent Holdings, Inc. (NYSE: ETWO) will release its fiscal third quarter 2022 financial results on January 12, 2022, after U.S. markets close. A video webinar is scheduled for 5:00 p.m. ET on the same day to discuss the results and business highlights. Investors can access the webinar through the company’s investor relations website, with a replay available shortly after the event.
E2open specializes in cloud-based supply chain management solutions, focusing on real-time data integration from various stakeholders.
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