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 (ETWO) provides cloud-based supply chain management solutions that connect global enterprises through integrated planning, logistics, and analytics tools. This page serves as the definitive source for official company announcements and market-moving developments.
Investors and industry professionals will find timely updates including earnings reports, strategic partnerships, product enhancements, and leadership changes. Our curated collection ensures access to both recent press releases and historical announcements critical for understanding ETWO’s evolving role in digital supply chain transformation.
Key content categories include financial performance updates, client success stories, platform feature releases, and industry recognition milestones. All materials are sourced directly from the company to ensure accuracy and compliance with disclosure standards.
Bookmark this page to monitor how ETWO continues to innovate in supply chain SaaS solutions, providing enterprises with tools to optimize procurement, manufacturing, and distribution networks worldwide.
E2open (NYSE: ETWO) has announced key executive appointments to strengthen its supply chain software platform. Pawan Joshi, a 22-year company veteran, has been promoted to the newly created position of Chief Strategy Officer (CSO), where he will drive corporate strategy and growth through strategic client engagement and innovation. Rachit Lohani joins as Chief Product and Technology Officer (CPTO), overseeing product management, engineering, and technology.
Lohani brings over 20 years of experience, previously serving as CTO at Paylocity and holding leadership positions at Atlassian, Intuit, and AOL. These appointments aim to enhance E2open's client-centric focus, accelerate growth, and advance the company's industry-leading position in supply chain solutions.
E2open Parent Holdings (NYSE: ETWO), a connected supply chain SaaS platform provider, has announced it will release its fiscal third quarter 2025 financial results after U.S. market close on Thursday, January 9, 2025. Management will host a conference call at 5:00 p.m. Eastern Time to discuss financial results and business highlights. The call will be accessible via phone and webcast, with replay options available through January 23, 2025.
Freightos (NASDAQ: CRGO) has officially launched its integration with e2open, embedding WebCargo air cargo eBooking into e2open's Transportation Management System (TMS). The integration enables freight forwarders to access real-time air freight rates and make instant bookings directly within the TMS platform, eliminating manual processes and context switching. Crane Worldwide Logistics is among the global logistics providers testing the system, which aims to streamline operations and improve response time to client needs through automated, real-time access to rates and bookings.
E2open's Ocean Shipping Index reveals significant increases in global ocean shipment durations, with average times rising from 58 days in Q3 2023 to 68 days in Q3 2024. The report highlights a 10-day year-over-year increase in global shipping times, primarily due to geopolitical unrest and port congestion. Notable increases include an 18-day surge in Asia-Europe routes (reaching 80 days) and 12-day increases in Europe-Asia routes (83 days). The index, based on data from over 480,000 connected enterprises managing 70+ million containers annually, identifies ongoing conflicts, extreme weather, and potential labor strikes as key factors affecting maritime transportation.
E2open Parent Holdings, Inc. (NYSE: ETWO) announced financial results for its fiscal second quarter ended August 31, 2024. GAAP subscription revenue was $131.6 million, a 2.3% decrease year-over-year. Total GAAP revenue was $152.2 million, down 4.0%. The company reported a GAAP net loss of $32.9 million and Adjusted EBITDA of $54.9 million, with a 36.1% margin.
E2open updated its fiscal year 2025 guidance, projecting GAAP subscription revenue between $526 million and $532 million, reflecting a negative 1.5% organic growth rate at the mid-point. Total GAAP revenue is expected to be in the range of $607 million to $617 million. The company is focusing on improving client retention, sales execution, and implementation excellence to build revenue momentum.
E2open Parent Holdings, Inc. (NYSE: ETWO) has released its 2024 Forecasting and Inventory Benchmark Study at its annual Connect customer conference. The study provides an extensive analysis of supply chain performance throughout the COVID-19 pandemic, offering insights from 2019 to 2023. Key findings include:
1. Consumer demand surged initially but normalized by 2023.
2. Manufacturers streamlined product offerings, focusing on fewer, more efficient items.
3. Planning errors for slow-moving items increased significantly.
4. AI-driven demand sensing consistently reduced forecast error by one-third compared to traditional methods.
5. Companies using multi-echelon inventory optimization with demand sensing reduced safety stock by 40-50%.
The study aims to equip businesses with insights to enhance decision-making and build resilience against future disruptions in the supply chain.
E2open Parent Holdings, Inc. (NYSE: ETWO), a leading provider of connected supply chain SaaS platforms, has announced its plans to report fiscal second quarter 2025 financial results on Wednesday, October 9, 2024, after the U.S. financial markets close. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results and other business highlights.
Investors and interested parties can access the call by dialing 888-506-0062 (domestic) or 973-528-0011 (international) with the conference ID 101565. A live webcast will also be available on the company's website. For those unable to attend, a replay will be accessible until October 23, 2024, using specific dial-in numbers and a replay passcode.
E2open Parent Holdings, Inc. (NYSE: ETWO) has released its latest Ocean Shipping Index, revealing significant increases in global ocean shipment transit times. The report shows:
1. Global average shipment duration increased to 66 days, an 8-day increase year-over-year.
2. Actual transit time increased by 5 days compared to Q2 2023.
3. Notable increases in shipping lanes: South America to Asia (87 days, up 15 days), Asia to Europe (75 days, up 14 days), and Europe to Asia (84 days, up 11 days).
The index, based on e2open's network data of over 480,000 connected enterprises and 70 million containers, provides insights for shippers to adapt to ongoing disruptions in ocean shipping.
E2open reported its fiscal first quarter 2025 results, with GAAP subscription revenue at $131.4 million, within the guidance range but a decrease of 2.6% year-over-year. Total GAAP revenue was $151.2 million, down 5.6% from the previous year. GAAP gross profit was $72.7 million, an 8.5% decline, and GAAP net loss was $42.8 million, improving from a $360.9 million loss last year. Adjusted EBITDA was $50.7 million, down 5.7%, with a margin of 33.6%.
E2open emphasized its ongoing strategy to boost organic growth and client retention, with significant long-term contracts and new subscription business secured. Strategic review efforts continue, with results expected soon. The company reiterated its fiscal 2025 guidance, projecting flat GAAP subscription revenue growth and a 0.5% increase in total GAAP revenue year-over-year.
Key achievements include a new global trade program with a top retailer, major client contract renewals, and the launch of the Supply Network Discovery solution.
E2open (NYSE: ETWO), a leading connected supply chain SaaS platform, has published its 2024 Sustainability Report. The report provides insights into the company's ESG (Environmental, Social, and Governance) strategies for the fiscal year March 1, 2023, through February 29, 2024. CEO Andrew Appel emphasizes E2open's role in helping companies manage supply chains efficiently and sustainably. The report details initiatives in four key areas: Platform, People, Planet, and Policy. Highlights include advancing supply chain compliance and efficiency, promoting diversity and inclusion, enhancing emissions tracking, and maintaining robust governance structures. E2open also introduced its first Charitable Giving Week, focusing on community support and volunteerism.
