E2open (ETWO) Misses Q2 EPS by 1c

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E2open Announces Fiscal 2024 Second Quarter Financial Results

October 10, 2023 4:15 PM EDT

GAAP subscription revenue of $134.7 million at the high end of Q2 guidance

Year-to-date GAAP operating cash flow of $51.3M and adjusted operating cash flow of $45.1M

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 second quarter ended August 31, 2023.

While we delivered subscription revenue near the high end of our guidance in the second quarter and maintained strong adjusted EBITDA margins, our growth rate remained below our potential, said Marje... More