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E2open Parent Holdings, Inc. - $ETWO STOCK NEWS

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Rhea-AI Summary

E2open, a connected supply chain SaaS platform, announced the winners of its Connect Europe 2024 Client Awards, recognizing innovators in supply chain operations. JLR, Sanofi, RS Group, Goikid Consulting, and Shippeo were honored for their achievements in supply chain efficiency, innovation, visibility, and partnership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary

E2open announced strong financial results for Q4-FY24, exceeding high-end revenue guidance with $134.4 million in GAAP subscription revenue. The company showcased resilience with a focus on client-centric operations and culture, resulting in positive momentum and increased in-quarter win rates. Despite a slight decrease in revenue, the company closed strategic deals and highlighted a unique software portfolio. The company reported improvements in adjusted EBITDA margins, cash flow, and a positive outlook for FY25.

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Rhea-AI Sentiment
End-of-Day
13.85%
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Rhea-AI Summary
E2open, listed on NYSE as ETWO, achieves Catena-X certification in the automotive industry, enhancing multi-tier supply chain processes. This certification enables seamless connection of OEMs and lower-tier suppliers, ensuring data sharing and control, increasing supply chain transparency, and supporting sustainability and human rights standards.
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Rhea-AI Sentiment
End-of-Day
0.72%
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none
Rhea-AI Summary
E2open launches Supply Network Discovery to help clients meet regulatory compliance requirements and strengthen supply assurance. The application provides brand owners with the capability to discover, map, trace, and assess multiple tiers of suppliers, enabling them to expose supply risks early and enhance visibility across operations.
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Rhea-AI Sentiment
End-of-Day
1.95%
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Rhea-AI Summary
E2open launches Connect Europe 2024, its premier international supply chain event in Amsterdam, bringing together industry leaders to discuss supply chain innovation and collaboration. Keynote speaker Claire Williams OBE to share insights on high-tech supply chains and decarbonization efforts. Event features plenary sessions with supply chain leaders and breakout sessions by industry giants like Bosch, Michelin, and DHL showcasing digital transformation success stories.
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Rhea-AI Sentiment
End-of-Day
3.79%
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Rhea-AI Summary
E2open Parent Holdings, Inc. (NYSE: ETWO) appoints John McIndoe as Chief of Staff and Steve Baird as Sector President, North America. McIndoe brings over 25 years of global executive experience, while Baird has 25 years of enterprise software expertise. The CEO, Andrew Appel, highlights the importance of a strong leadership team for sustainable growth and innovation.
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Rhea-AI Sentiment
End-of-Day
-0.69%
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management
Rhea-AI Summary
Onit, a legal workflow solutions provider, announced strategic hirings of three new senior executives to drive business growth. Michelle Culp joins as Chief Revenue Officer, Nathan Peirson as Chief People Officer, and Laura Fese as Chief Legal Officer. Melanie Shafer is promoted to Chief Customer Officer. These additions aim to enhance global go-to-market strategies, talent management, legal operations, and customer success. The new team, along with CEO Michael Farlekas and CFO Austin Owens, will lead Onit's expansion and transformation into a leading legal operations software platform company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
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Rhea-AI Summary
E2open Parent Holdings, Inc. (NYSE: ETWO) has been recognized as a Leader in the 2024 Magic Quadrant for Transportation Management Systems by Gartner for the second year in a row. The report highlights the company's ability to provide trusted solutions for global supply chains, emphasizing efficiency, visibility, and cost optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
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Rhea-AI Summary
E2open Parent Holdings, Inc. (ETWO) will report its fiscal Q4 and full year 2024 financial results on April 29, 2024. The company will host a conference call to discuss the results and business highlights. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.15%
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conferences earnings
Rhea-AI Summary
E2open Parent Holdings, Inc. (NYSE: ETWO) initiates a strategic review to enhance shareholder value and strengthen its position in the supply chain management software market. The company remains confident in its growth plan, reaffirming FY2024 financial guidance.
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Rhea-AI Sentiment
End-of-Day
6.91%
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E2open Parent Holdings, Inc.

NYSE:ETWO

ETWO Rankings

ETWO Stock Data

1.47B
106.87M
3.38%
110.34%
4.5%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
AUSTIN

About ETWO

e2open is the leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. enterprises use e2open solutions to gain visibility into and control over their trading networks through the real-time information, integrated business processes, and advanced analytics that e2open provides. e2open customers include avnet, celestica, cisco, hp, ibm, lenovo, l'oréal, motorola solutions, seagate, and vodafone. for more information, visit www.e2open.com.