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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, Inc. (NYSE: ETWO) unveiled its 2023 first-quarter technology update, introducing multiple enhancements to its connected supply chain SaaS platform. These updates aim to provide clients with improved visibility into potential disruptions, operational risk reduction, and enhanced productivity.
Key features include tracking serialized inventory to minimize waste, advanced planning capabilities utilizing real-time data, and enhanced compliance tools for navigating complex trade regulations. The updates align with E2open's commitment to helping clients navigate economic uncertainties and disruptions effectively.
E2open Parent Holdings, Inc. (NYSE: ETWO) has released its Q4 2022 Ocean Shipping Index, indicating an average decrease of eight days in shipping time from booking to receipt compared to the previous year. As of January 1, 2023, the average delivery time to carriers is 63 days. The findings reveal significant improvements in export times from Asia to North America and Europe, with reductions of nine days and eight days, respectively. The report emphasizes the connection between decreased demand for goods shipping from Asia and reduced port congestion, alongside insights for efficient booking decisions.
E2open Parent Holdings announced its fiscal third quarter results for 2023, reporting GAAP subscription revenue of $135 million, a 26.1% increase year-over-year. Total GAAP revenue reached $164.9 million, up 20.4% from the previous year. Adjusted EBITDA was $56.2 million, reflecting a 22.4% increase. The company revised its fiscal 2023 revenue guidance, expecting GAAP subscription revenue between $533 million and $536 million, and total revenue between $655 million and $660 million.
E2open Parent Holdings, a leader in connected supply chain SaaS solutions, will participate in the 25th Annual Needham Growth Conference in New York City. CEO Michael Farlekas is set to present on January 11, 2023, at 4:30 p.m. Eastern Time. The presentation will be available via live webcast and archived on the company's investor relations site. E2open connects over 400,000 partners in logistics and manufacturing, handling more than 13 billion transactions annually, aiming to enhance efficiency and sustainability in supply chains.
E2open Parent Holdings (NYSE: ETWO) has announced its fourth-quarter technology update, enhancing its supply chain SaaS platform. The 22.4 release includes new capabilities aimed at improving supply chain resiliency amid economic uncertainties. Key updates feature advanced analytics for better decision-making, enhanced visibility in logistics, and automated workflows. Notable innovations include improved rebate analytics and AI-driven forecasting tools, aimed at enhancing operational efficiency and reducing costs across various functions. The connected platform now benefits over 400,000 trading partners.
E2open Parent Holdings, Inc. (NYSE: ETWO) will report its fiscal third quarter 2023 financial results on January 9, 2023, after U.S. markets close. A conference call is scheduled for 5:00 p.m. Eastern Time the same day to discuss these results. Interested parties can access the call via phone or through a live webcast on the company’s website. The call replay will be available until January 23, 2023. E2open’s platform connects over 400,000 partners and processes over 13 billion transactions annually, focusing on transforming modern supply chains.
E2open Parent Holdings (NYSE: ETWO) has announced its participation in the UBS Global TMT Conference on December 6, 2022, at 12:30 p.m. Eastern Time. The conference will gather industry experts in technology, media, and telecom sectors. CEO Michael Farlekas is scheduled to present, and the presentation will be available live and archived on the company’s investor relations website at www.e2open.com. E2open is a connected supply chain SaaS platform, managing over 13 billion transactions annually.
E2open Parent Holdings (NYSE: ETWO) has expanded its partnership with Surge Transportation, enhancing logistics and transportation optimization for shippers. The new Carrier Highlight feature offers shippers real-time rate comparisons against contract and spot rates, improving tendering processes. Surge's pricing API will provide competitive spot rates and reliable capacity, addressing issues in the traditional spot market. This collaboration aims to deliver efficient, cost-effective logistics solutions, benefiting the consumer-packaged goods sector.
Shippeo, a leader in real-time multimodal supply chain visibility, has raised a record-breaking $40 million in funding, increasing total investments to over $110 million. All existing investors, including Battery Ventures and SAP.io, participated, along with new investors from Hong Kong and Japan. The capital will accelerate Shippeo’s global expansion, especially in North America and Asia-Pacific, and enhance its visibility platform. The company's valuation has grown 70% in the past year, and subscription revenues are up 80% year-on-year, solidifying its position in the market.
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