Stock and Equity Information - As of May 31, 2024, the company had 3,372,184 shares of Series B-2 common stock outstanding, which will convert to Class A Common Stock if the 20-day VWAP reaches at least $15.00 per share[116] - Unvested performance-based options totaled 3,922,079 with an unrecognized compensation cost of $10.6 million as of May 31, 2024[167] - Unvested performance-based RSUs totaled 3,981,528 with an unrecognized compensation cost of $68.1 million as of May 31, 2024[169] - Series 2 RCUs outstanding were 2,627,724 as of May 31, 2024, vesting upon meeting specific stock price or change of control conditions[142] - Common Units held by participants of E2open Holdings totaled 30.9 million as of May 31, 2024[158] Financial Liabilities and Debt - Outstanding 2021 Term Loan was $1,064.5 million as of May 31, 2024, with an interest rate of 8.94% based on SOFR plus 350 basis points[140] - Available borrowing capacity under the 2021 Revolving Credit Facility was $155.0 million as of May 31, 2024[140] - The adjusted SOFR Rate for a one-month interest rate loan is SOFR plus 0.11448%[139] Revenue and Performance Obligations - Total deferred revenue decreased from $215.2 million in February 2024 to $188.8 million in May 2024, with $90.9 million recognized during the three months ended May 31, 2024[129] - Revenue from remaining performance obligations was $869.6 million as of May 31, 2024, expected to be recognized within the next five years[153] - Total revenue for the Americas was $128.6 million in 2024, a decrease from $135.5 million in 2023[152] Assets and Liabilities - The fair value of asset-backed securities increased from $207,000 in February 2024 to $208,000 in May 2024[119][120] - The fair value of contingent consideration increased from $18,028,000 in February 2024 to $20,308,000 in May 2024[120][121] - The company's total accounts payable and accrued liabilities decreased from $90,594,000 in February 2024 to $85,112,000 in May 2024[135] - The company's warrant liability decreased from $14,713,000 in February 2024 to $10,952,000 in May 2024[120] - The company's total assets increased from $2,083,000 in February 2024 to $2,514,000 in May 2024[120] - The company's total liabilities decreased from $83,739,000 in February 2024 to $86,253,000 in May 2024[120] Tax and Compensation - The company's Tax Receivable Agreement liability under ASC 805 increased by $4.0 million during the three months ended May 31, 2024[137] - Capitalized sales commissions totaled $22.5 million as of May 31, 2024, included in prepaid expenses and other current assets[154] Dividends - The company has not paid any dividends and does not expect to pay dividends in the future[117]

Revenue Performance - GAAP subscription revenue for Q1 FY25 was $131.4 million, a decrease of 2.6% year-over-year, representing 86.9% of total revenue[3] - Total GAAP revenue for Q1 FY25 was $151.2 million, down 5.6% from the previous year[3] - For fiscal year 2025, GAAP subscription revenue is expected to be between $532 million and $542 million, reflecting flat growth year-over-year at the mid-point[8] - Total GAAP revenue for fiscal 2025 is projected to be in the range of $630 million to $645 million, indicating a 0.5% organic growth rate at the mid-point[9] - Total GAAP revenue for Q1 FY2025 was $151.2 million, down 5.6% from $160.1 million in Q1 FY2024[28] Profitability Metrics - GAAP net loss for Q1 FY25 was $42.8 million, compared to a net loss of $360.9 million in the same period last year[3] - Adjusted EBITDA for Q1 FY25 was $50.7 million, a decrease of 5.7% year-over-year, with an adjusted EBITDA margin of 33.6%[3] - Non-GAAP gross profit for Q1 FY2025 was $102.6 million, a decrease of 7.1% compared to $110.4 million in Q1 FY2024[28] - Adjusted EBITDA for Q1 FY2025 was $50.7 million, down 5.7% from $53.8 million in Q1 FY2024[28] - GAAP net loss for Q1 2025 was $42.8 million, with an adjusted net income of $13.0 million, resulting in adjusted earnings per share of $0.04[37] Cash Flow and Liquidity - Cash, cash equivalents, and restricted cash at the end of the period increased to $175,940 thousand from $149,038 thousand at the beginning of the period[26] - Adjusted free cash flow for Q1 2025 was $33.0 million, demonstrating strong cash generation capabilities[39] - The company reported a total operating cash flow of $35.9 million, with non-recurring cash payments adding $4.3 million[39] Expenses and Liabilities - Operating expenses totaled $89.5 million, with research and development costs at $24.8 million, representing 12.0% of total revenue[35] - Total current liabilities decreased from $338,974 thousand to $313,540 thousand, a reduction of 7.5%[24] - Share-based compensation increased significantly to $11,787 thousand from $4,445 thousand year-over-year, reflecting a 164.3% rise[28] - Deferred revenue decreased from $213,138 thousand to $187,197 thousand, a decline of 12.2%[24] Strategic Developments - E2open launched the Supply Network Discovery solution to enhance regulatory compliance and supply assurance for clients[7] - The company secured a significant new subscription business with one of the world's largest retailers, expanding its client base[7] - The company incurred acquisition-related expenses of $0.3 million during the quarter, reflecting ongoing strategic investments[35] - Capital expenditures for Q1 2025 were $6.1 million, indicating continued investment in growth initiatives[39] Asset Management - Total assets decreased from $3,141,655 thousand to $3,077,067 thousand, a decline of 2.0%[24] - Shares outstanding as of May 31, 2024, were 307,516, with adjusted basic shares totaling 344,435[41] - The company has outstanding warrants totaling 29,080 with an exercise price of $11.50, which could impact future equity structure[41]

Core Viewpoint - The global mergers and acquisitions (M&A) volume is expected to rise by 50% this year, creating potential investment opportunities in buyout stocks as financial acquirers typically offer a premium over the stock's trading price [1][2]. Group 1: Buyout Stocks - E2open Parent Holdings (ETWO) has been targeted by activist investor Elliott Management, which owns 13.8% of the company and may engage in an M&A transaction, although no bid has been made yet [5][6][7]. - Indie Semiconductor (INDI) is reportedly of interest to private equity firm Silver Lake, with the stock trading around $6 per share, indicating potential for a significant takeover premium if a deal occurs [10][11][12]. - Nordstrom (JWN) has seen increased takeover interest from the founding family and private equity firm Sycamore Partners, with shares trading at 12.2 times forward earnings, suggesting a potential premium for a buyout [14][15][16]. - Paramount Global (PARA) is considered an attractive target with interest from both strategic and financial buyers, despite mixed price action and uncertainty regarding potential acquirers [18][19][20]. - Peloton Interactive (PTON) is viewed as a potential buyout candidate due to its low stock price and the possibility of a turnaround by private equity, despite recent revenue declines [22][23][24]. - Rapid7 (RPD) has fallen to low prices following a quarterly earnings release, but its reasonable valuation at 17.5 times forward earnings and previous interest from private equity could lead to a new takeover offer [26][27]. - Under Armour (UA) has seen declining shares, but the return of founder Kevin Plank as CEO may signal a potential management-led buyout, with shares trading at 13.6 times forward earnings [29][30][31].

Financial Data and Key Metrics Changes - For the fiscal fourth quarter, subscription revenue was $134.4 million, representing a 1.8% decline year-over-year but an increase sequentially for the first time in four quarters [78] - Total revenue for the fourth quarter was $158.5 million, reflecting a decline of 4.7% over the prior year quarter, while full fiscal year 2024 total revenue was $634.6 million, a decline of 2.7% year-over-year [81] - Non-GAAP gross profit for the fourth quarter was $110.9 million, a 4.9% decline year-over-year, with a non-GAAP gross margin of 70.0% [53] - The net loss for the fourth quarter was $45.5 million, and for the full fiscal year, the net loss was $1.2 billion, which included a non-cash goodwill impairment of $1.1 billion [54] Business Line Data and Key Metrics Changes - Professional services and other revenue in the fourth quarter was $24.1 million, reflecting an 18.0% decline [80] - Subscription revenue for the full fiscal year was $536.8 million, growing 0.7% [51] Market Data and Key Metrics Changes - The platform now has 480,000 connected parties and processes 16 billion supply chain transactions annually [36] - The logistics ecosystem handles 21% of all ocean freight bookings, and the global trade solution provides trade compliance in 230 jurisdictions [36] Company Strategy and Development Direction - The company is focused on returning to strong sustainable organic growth, emphasizing client-centricity and long-term partnerships [34][42] - A new SVP of Global Services has been appointed to lead the Professional Services business, aiming to enhance strategic differentiation [20] - The company is implementing targeted changes to its go-to-market model to align sales capacity with high-growth opportunities [21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand for supply chain solutions due to global supply chain volatility [7] - The company aims to stabilize churn and improve retention, with gross retention at approximately 90% and net retention at approximately 99% [41] - The guidance for FY '25 expects subscription revenue in the range of $532 million to $542 million, indicating a slight decline or modest growth [56] Other Important Information - The company is conducting a strategic review, but no further comments will be made until appropriate [90] - The management team is focused on executing the growth plan and serving customers effectively [90] Q&A Session Summary Question: What product areas is the company focusing on for market share growth? - The company has a competitive product platform and can win in each of its five key product families across multiple industries [93] Question: Where is the expected growth coming from among cross-selling, SI partners, or new logos? - The SI partnerships have been the most effective in driving new logos, contributing significantly to growth [94] Question: How is the company addressing sales productivity and turnover? - The company is reallocating resources to specialized product sellers and has not seen attrition issues outside of normal industry standards [105][128] Question: What is the outlook for churn and retention? - The company is implementing clear management practices to reduce churn, with a focus on client-centricity [116] Question: What is the expected impact of the growth reacceleration plan on revenue? - The company anticipates that improvements in execution and pipeline growth will lead to higher subscription revenue growth in FY '25 [123]

E2open Parent Holdings, Inc. (ETWO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission File Number 001-39272 E2open Parent Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (IRS Emp ...

Exhibit 99.1 www.e2open.com Press Release E2open Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results Q4-FY24 GAAP subscription revenue of $134.4 million above the high end of guidance Strong cash generation in Q4 FY24 and FY 2024 AUSTIN, Texas – April 29, 2024 – E2open Parent Holdings, Inc. (NYSE: ETWO) ("e2open" or the "Company"), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced financial results for its fiscal fourth quarter and full year ...

Strategic hirings are part of a larger investment strategy to build on Onit's success and further scale the business. HOUSTON, April 9, 2024 /PRNewswire/ -- Onit, the leading provider of legal workflow solutions including enterprise legal management (ELM) and contract lifecycle management (CLM), today announced three new senior executive leadership team members. Michelle Culp has joined the company as Chief Revenue Officer, responsible for all go-to-market functions. Nathan Peirson has joined as Chief Peopl ...

AUSTIN, Texas--(BUSINESS WIRE)--E2open Parent Holdings, Inc. (NYSE: ETWO) (“e2open” or “the Company”), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced initiation of a strategic review for the Company. The review will evaluate options to enhance shareholder value and further strengthen e2open’s leading position in the growing supply chain management software market. “E2open’s board of directors and management team are committed to acting in the best inte ...

AUSTIN, Texas--(BUSINESS WIRE)--E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announces the appointment of Andrew Appel as its new chief executive officer. Appel has served as e2open’s interim CEO since October, bringing over 25 years of executive leadership experience, most recently as president and CEO of software and business intelligence leader IRI for nearly a decade. “On behalf of the board, I am pleased to welco ...