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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 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.
E2open (NYSE: ETWO) has unveiled a brand refresh, introducing a new logo, identity, and tagline: “Moving as one.” This change reflects E2open’s role in enhancing supply chain transparency and efficiency for leading companies. The launch coincides with the Gartner Supply Chain Symposium in Orlando, with promotions planned across various media. CMO Kari Janavitz emphasized the necessity for a connected supply chain amidst ongoing global disruptions. E2open continues to expand its SaaS platform capabilities, aiding clients in managing logistics and improving operational efficiency.
E2open Parent Holdings (NYSE: ETWO) has announced that Landmark Group, a major multinational retail conglomerate, will implement E2open’s technology to enhance its supply chain operations. The collaboration aims to reduce transportation costs, improve supplier engagement, and streamline trade compliance processes. E2open’s platform is expected to deliver increased efficiency and visibility, addressing challenges posed by recent supply chain disruptions. Michael Farlekas, CEO of E2open, emphasized the importance of agile supply chains in today’s market.
E2open Parent Holdings (NYSE: ETWO) has been recognized by Gartner as a Leader in the 2022 Magic Quadrant for Multienterprise Supply Chain Business Networks for the third consecutive year. The company’s cloud-based platform enables real-time collaboration among trading partners, reducing supply chain risks amid escalating global challenges. E2open's unique multi-enterprise network supports demand, supply, logistics, and global trade ecosystems, integrating AI for smarter decision-making.
E2open Parent Holdings (NYSE: ETWO) will participate in the Jefferies Software Conference on June 2, 2022, at 10:30 a.m. PT. The event will be streamed live, with an archived presentation available on the company’s investor relations website.
E2open specializes in a cloud-based supply chain management platform, leveraging real-time data and AI to enhance decision-making across demand, supply, logistics, and global trade ecosystems.
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