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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 (NYSE: ETWO) has been recognized as a Leader in the IDC MarketScape 2022 Vendor Assessment for the second consecutive year. The assessment highlights E2open's effective use of AI and real-time data for inventory optimization across supply chains, benefiting industries like consumer goods, automotive, and high-tech. The report emphasizes E2open's capability to adjust inventory targets frequently, minimizing disruptions and waste throughout the supply chain.
E2open Parent Holdings (NYSE: ETWO) has been recognized as a Leader in the IDC MarketScape 2022 Vendor Assessment for the second time. Key strengths include its ability to adapt to evolving S&OP processes, advanced analytics, and integration with a vast supply chain network. E2open's platform enables better decision-making across demand, supply, and logistics, enhancing resilience against market disruptions.
E2open Parent Holdings, Inc. (NYSE: ETWO) will report its fiscal Q2 2023 financial results on October 11, 2022, after U.S. markets close. The management will host a conference call at 5:00 p.m. ET to discuss these results and business highlights. Investors can join by phone or via a live webcast on the company’s website. A replay will be available until October 25, 2022. E2open specializes in connected supply chain SaaS solutions, serving over 400,000 partners globally and managing more than 12 billion transactions annually.
E2open Parent Holdings (NYSE: ETWO) has announced its Q3 technology update, featuring innovations across its solutions aimed at enhancing supply chain resilience amid global disruptions. The 22.3 release introduces advanced machine learning for customer insights, improved collaboration between partners, and new promotional capabilities. Enhancements in planning and logistics offer deeper visibility into supply chain issues, while compliance updates align with new US regulations. E2open aims to enable companies to make informed decisions in a challenging supply-constrained environment.
E2open Parent Holdings (NYSE: ETWO) has expanded its partnership with Shippeo to enhance real-time transportation visibility and supply chain execution management. The new features allow users to view goods in transit and take proactive actions to improve customer experiences. This collaboration aims to eliminate data silos, boost efficiency, and promote sustainability across supply chains. With Shippeo's carrier-first approach, clients gain timely, accurate data, fostering shared value among shippers, carriers, and forwarders. Overall, this partnership seeks to optimize logistics and drive significant ROI for all stakeholders.
E2open Parent Holdings, Inc. (NYSE: ETWO) reported a fiscal first quarter 2023 GAAP subscription revenue of $129.5 million, marking a 154% year-on-year increase. The company achieved 12% organic subscription revenue growth on a constant currency basis. Total GAAP revenue rose 141.8% to $160.4 million. Adjusted EBITDA grew to $51.4 million. However, E2open revised its fiscal 2023 guidance, now expecting GAAP subscription revenue between $538 million and $546 million due to foreign exchange impacts.
E2open Parent Holdings, Inc. (NYSE: ETWO) will report its fiscal Q1 2023 financial results after U.S. market close on July 11, 2022. A management webcast to discuss the financials and business highlights is scheduled for 5:00 p.m. Eastern Time on the same day. The event will be accessible via the investors.e2open.com website, with a replay available within 12 hours post-event. E2open's SaaS platform connects over 400,000 supply chain partners and tracks more than 12 billion transactions annually, enhancing supply chain efficiency.
E2open Parent Holdings, Inc. (NYSE: ETWO) has partnered with National Today to establish June 7 as International Supply Chain Professionals Day, honoring the professionals crucial to global supply chains. The initiative highlights the challenges faced by supply chain workers during recent disruptions and celebrates their contributions. E2open emphasizes the importance of recognizing supply chain roles, especially in light of a recent 28% turnover rate among supply chain managers. A pop-up event will be held in Austin to commemorate this day.