E2Open Parent Holdings Inc Stock Price, News & Analysis

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 $185 million. This acquisition enhances E2open’s cloud-based supply chain management platform by integrating Logistyx’s multi-carrier e-commerce shipping technology. The deal aims to expand E2open’s global footprint and enrich its capabilities in managing e-commerce shipments. Logistyx contributed approximately $40 million in revenue in 2021, and the acquisition is expected to accelerate E2open's subscription revenue growth.

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.