E2open(ETWO)

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E2open(ETWO) - 2022 Q2 - Earnings Call Transcript
2021-10-14 01:38
Financial Data and Key Metrics Changes - E2open achieved total revenue of $92.3 million in Q2 2022, representing a 12.8% increase from Q2 2021 [36] - Subscription revenue was $75.9 million, up 10% year-over-year, while professional services revenue increased by 27.9% to $16.4 million [37] - Adjusted EBITDA for the quarter was $33.5 million, compared to $26.2 million in the prior year, with an adjusted EBITDA margin of 36.3% [41][42] Business Line Data and Key Metrics Changes - Subscription revenue growth was driven by new organic sales across the customer portfolio, while services revenue reflected a return to normal levels post-COVID [38] - The services margin improved due to the return to pre-COVID levels, despite increased headcount for rising service demand [39] Market Data and Key Metrics Changes - The supply chain software market is valued at over $50 billion and is growing at double digits, with a significant shift towards cloud-based solutions [15] - E2open's core client base consists of large global companies that are increasingly focused on supply chain visibility and control [7][8] Company Strategy and Development Direction - E2open aims to become the leading supply chain operating platform for large companies, capitalizing on the fragmented nature of supply chain technology [14] - The company is focused on four growth levers: effective bundling and packaging of solutions, building a new logo sales team, developing strategic partnerships, and monetizing its network [21][25] Management's Comments on Operating Environment and Future Outlook - Management noted that supply chain challenges have heightened the focus on global supply chains, leading to increased demand for E2open's solutions [8][9] - The company expects to achieve between 50% to 60% of run-rate savings from the BlueJay acquisition by the end of fiscal 2022, with total synergies projected at $25 million [33][34] Other Important Information - E2open released its first ESG report, highlighting its commitment to making supply chains more environmentally friendly [13][31] - The company has made significant progress in integrating BlueJay Solutions, with the first release of combined solutions expected in February [29] Q&A Session Summary Question: Can you bridge the gap between bookings growth of 22% and 80% last quarter? - Management clarified that the 22% figure refers to upsell growth from previous periods, not overall bookings growth, which remains strong [49] Question: How has the business been trending from a bookings perspective? - Management indicated that the pipeline continues to expand, with record bookings in the first half of the year [50] Question: What is the cross-sell potential with BlueJay? - Management noted minimal overlap between the two businesses, with significant cross-sell opportunities due to similar customer bases [56] Question: Have client sales cycles changed due to supply chain pressures? - Management observed that projects are moving through customer systems faster, with decisions now being made at higher organizational levels [61] Question: What areas are seeing the strongest demand currently? - Transportation logistics and collaboration solutions are experiencing the greatest uplift in demand [63] Question: When will supply chain pressures improve? - Management anticipates that supply chain issues will gradually improve over the next 6-9 months [64] Question: Is there increased interest in intra-ocean shipping platforms? - Management noted that visibility into shipping processes is a hot topic, with continued strong demand for ocean bookings [67] Question: How is the partnership with Maersk progressing? - Management reported positive momentum and significant demand from the partnership with Maersk [70] Question: Are pipeline yields expected to continue improving? - Management confirmed that pipeline yields are growing, which is positive for future business [71]
E2open(ETWO) - 2022 Q2 - Earnings Call Presentation
2021-10-13 22:44
CONFIDENTIAL | © 2021 E2open, LLC. All rights reserved. FISCAL SECOND QUARTER 2022 Earnings Conference Call October 13, 2021 Demand. Supply. Delivered. Today's Participants MICHAEL FARLEKAS President & CEO 25-year supply chain software executive with operational, commercial and leadership expertise JARETT JANIK CFO 24+ years of senior finance and leadership positions ADAM ROGERS Senior Director, Investor Relations 20+ years of finance and investor relations positions © 2021 E2open, LLC. All rights reserved. ...
E2open(ETWO) - 2022 Q2 - Quarterly Report
2021-10-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2021 OR ☐ 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(ETWO) - 2022 Q1 - Earnings Call Transcript
2021-07-15 02:36
E2open Parent Holdings, Inc. (NYSE:ETWO) Q1 2022 Results Conference Call July 14, 2021 5:00 PM ET Company Participants Adam Rogers - Senior Director, Investor Relations Michael Farlekas - President and Chief Executive Officer Jarett Janik - Chief Financial Officer Conference Call Participants Mark Schappel - Benchmark Yun Kim - Loop Capital Taylor McGinnis - UBS Chris Merwin - Goldman Sachs Adam Rogers Good afternoon everyone. At this time, I'd like to welcome everyone to the E2open Fiscal First Quarter 202 ...
E2open(ETWO) - 2022 Q1 - Quarterly Report
2021-07-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2021 OR ☐ 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 Specifi ...
E2open(ETWO) - 2021 Q4 - Annual Report
2021-05-19 16:00
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 28, 2021 ☐ 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) Delaware 86-1874570 (State or other jurisdiction of inc ...
E2open(ETWO) - 2021 Q4 - Earnings Call Transcript
2021-05-19 00:21
E2open Parent Holdings, Inc. (NYSE:ETWO) Q4 2021 Results Conference Call May 18, 2021 5:00 PM ET Company Participants Adam Rogers - Senior Director, IR Michael Farlekas - President and CEO Jarett Janik - CFO Conference Call Participants Chris Merwin - Goldman Sachs Taylor McGinnis - UBS Mark Schappel - Benchmark Yun Kim - Loop Capital Operator Good afternoon. My name is Gabriel and I’ll be your conference operator today. At this time, I’d like to welcome everyone to the E2open Fiscal Fourth Quarter and Fisc ...
E2open(ETWO) - 2020 Q4 - Annual Report
2021-05-04 16:00
TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to CC NEUBERGER PRINCIPAL HOLDINGS I (now known as E2open Parent Holdings, Inc.) (Exact name of registrant as specified in its charter) Delaware (State ...
E2open(ETWO) - 2021 Q2 - Quarterly Report
2020-11-16 21:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to CC NEUBERGER PRINCIPAL HOLDINGS I (Exact name of registrant as specified in its charter) Cayman Islands 001-39272 98-1526024 (State or other jurisdiction of incor ...
E2open(ETWO) - 2021 Q1 - Quarterly Report
2020-08-14 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to CC NEUBERGER PRINCIPAL HOLDINGS I (Exact name of registrant as specified in its charter) CaymanIslands (State or other jurisdiction of incorporation or organization) | ...