E2open (ETWO) Reports In-Line Q1 EPS

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E2open Announces Fiscal 2024 First Quarter Financial Results

July 10, 2023 4:19 PM EDT

GAAP subscription revenue of $134.9 million, above the high end of Q1 guidance

Strong Q1 cash flow generation with operating cash flow of $36.5M

Reiterating full year 2024 guidance

AUSTIN, Texas--(BUSINESS WIRE)-- E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal first quarter ended May 31, 2023.

In the first quarter of FY24, we delivered subscription revenue above the high end of our guidance, said Michael Farlekas, e2open CEO. Additionally, we maintained strong margins... More