E2open Parent Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended February 29, 2024
April 29, 2024 at 04:15 pm EDT
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E2open Parent Holdings, Inc. reported earnings results for the fourth quarter and full year ended February 29, 2024. For the fourth quarter, the company reported revenue was USD 158.45 million compared to USD 166.27 million a year ago. Net loss was USD 42.2 million compared to USD 273.46 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.9 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.9 a year ago.
For the full year, revenue was USD 634.55 million compared to USD 652.22 million a year ago. Net loss was USD 1,070.02 million compared to USD 648.7 million a year ago. Basic loss per share from continuing operations was USD 3.52 compared to USD 2.15 a year ago. Diluted loss per share from continuing operations was USD 3.52 compared to USD 2.15 a year ago.
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.