E2open Parent Holdings, Inc. Provides Revenue Guidance for the First Quarter of Fiscal 2023 and Full Year Ending February 28, 2023
April 27, 2022 at 04:21 pm EDT
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E2open Parent Holdings, Inc. provided revenue guidance for the first quarter of fiscal 2023 and full year ending February 28, 2023. GAAP subscription revenue for the fiscal first quarter of 2023 is expected to be in the range of $129 million to $131 million, reflecting an 11.1% organic growth rate at the mid-point.
GAAP subscription revenue for fiscal 2023 is expected to be in the range of $545 million to $553 million, reflecting a 11.4% organic growth rate at the mid-point. GAAP revenue is expected to be in the range of $681 million to $689 million, reflecting an 11.2% organic growth rate at the mid-point.
E2open Parent Holdings, Inc. is a provider of cloud-based, end-to-end omni-channel and supply chain management software. The Companyâs connected supply chain software platform enables the companies to transform the way they make, move, and sell goods and services. Its software combines networks, data and applications to provide an embedded, mission-critical platform that allows clients to optimize their supply chain by accelerating growth, reducing costs, increasing visibility and driving improved resiliency. Its end-to-end applications provide advanced algorithms including artificial intelligence and machine learning-based advanced analytics to help clients gain insights for enhanced decision-making across channel, supply chain planning, execution and procurement functions. The Companyâs applications are organized into five product families: Channel, Planning, Global Trade, Logistics and Supply.