E2Open Parent Holdings Inc Stock Price, News & Analysis

E2open Parent Holdings (NYSE: ETWO) has been recognized as a Leader in the 2023 Magic Quadrant for Transportation Management Systems by Gartner. The evaluation highlights E2open's comprehensive capabilities in managing complex supply chain logistics, particularly amidst disruptions like driver shortages and port delays. E2open's Transportation Management System (TMS) integrates insights, analytics, and a robust carrier network to support global transportation needs.

According to Pawan Joshi, EVP of products and strategy, this recognition reflects years of dedicated product development and a commitment to simplifying transportation management for businesses worldwide.

E2open Parent Holdings, Inc. (NYSE: ETWO) will announce its fiscal fourth quarter and full year 2023 financial results on May 1, 2023, post market close. A conference call is scheduled for 5:00 p.m. Eastern Time the same day, where management will discuss the results and other business highlights. Interested parties can join the call via phone or listen to a live webcast on the company's investor relations website. A replay will be available until May 15, 2023. E2open, recognized as a leader in connected supply chain SaaS platforms, connects over 400,000 partners and tracks more than 13 billion transactions annually.

Laura Fese will retire as executive vice president, general counsel, and secretary of E2open Parent Holdings (NYSE: ETWO) effective March 1, 2023, after six impactful years. Fese has heavily influenced the company’s growth and transformation during her tenure. She is succeeded by Jennifer Grafton, who joined E2open in January 2021 as deputy general counsel. Grafton has over a decade of experience in public company compliance and governance, having previously served as chief legal officer at a $1.4B company. Fese will assist in the transition during the first fiscal quarter.

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.