NYSE$ETWO

E2open Parent Holdings Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

E2open's first quarter of fiscal year 2022 resulted in strong revenue, gross margin, and EBITDA performance, driven by strong momentum.

E2open announced strong financial results for its fiscal first quarter 2022, exceeding its plan on the operating metrics of revenue, gross margin, EBITDA margin, and gross and net bookings. The company reaffirmed its fiscal year 2022 guidance of 10% organic revenue growth.

  • Total GAAP revenue for fiscal first quarter 2022 reached $66.3 million, a decrease of 20.2% from $83.1 million in the fiscal first quarter of 2021.
  • Total non-GAAP revenue was $88.8 million, an increase of 6.9% compared to $83.1 million in the fiscal first quarter of 2021.
  • Adjusted EBITDA was $29.2 million with a margin of 32.9%, an increase from $27.0 million in the fiscal first quarter 2021 with a margin of 32.4%.
  • Net cash provided by operating activities was $39.3 million for the first quarter of fiscal 2022, compared to cash provided by operating activities of $29.8 million in the prior year period.

Headline financials

Total Revenue

$88.8M

No prior period
EPS (adj)

$0.15

Previous: -$0.00+6005.5%
Gross Margin

42.5%

No prior period
Non-GAAP Gross Margin

73.7%

Previous: 71.4%+3.2%
Adjusted EBITDA

$29.2M

Previous: $27M+8.1%
Adjusted EBITDA Margin

32.9%

Previous: 32.4%+1.5%
Capital Expenditures

$12.4M

No prior period
Free Cash Flow

$26.9M

No prior period
Net Income

-$169M

Previous: -$144K-117617.2%
Operating Income

-$27.4K

Previous: -$173K+84.1%
Gross Profit

$28.2M

Previous: $0.00
Cash & Equivalents

$221M

No prior period
Total Assets

$3.82B

No prior period
Stock-Based Comp

$2.04M

No prior period

Revenue & EPS history

E2open · Revenue · Quarterly

$88.8M

Q1 2022
Beat estimate in 11 of 13 quarters(85%)
ActualEstimate

Revenue by segment

E2open · $15.3M total across 1 segment · Q1 2022

  • Professional Services
    $15.3M+13.1%

Forward guidance

E2open is reaffirming its guidance for its full fiscal year 2022, which ends February 28, 2022.

Tailwinds

  • Total non-GAAP revenue is expected to be in the range of $369 million to $371 million.
  • Non-GAAP gross profit is expected to be in the range of $268 million to $270 million.
  • Adjusted EBITDA is expected to be in the range of $120 million to $122 million.
  • Estimates reflect approximately 10% organic revenue growth.
  • Adjusted gross margin in the range of 72 to 73%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

-5.7%

Avg return

Earnings day

-9.5%

Avg return

5 days after

-1.5%

Avg return

30 days after

33%

7 / 21 earnings

Positive

+15.4%

Q4 2021

Best reaction

-48.1%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026
Q1 2026+0.0%+0.3%
Q4 2025-6.2%+7.7%+53.1%
Q3 2025-5.9%-4.5%+3.0%
Q2 2025-20.2%-20.0%-16.6%
Q1 2025-11.2%-3.2%-10.8%
Q4 2024+12.8%+10.2%+8.6%
Q3 2024+1.7%-11.8%-5.6%
Q2 2024-48.1%-42.0%-25.2%
Q1 2024+3.1%-7.4%-12.8%
Q4 2023-29.9%-26.4%-20.4%
Q3 2023-0.9%+3.3%+12.1%
Q2 2023-5.7%-13.8%+0.3%
Q1 2023-14.6%-16.5%-4.0%
Q4 2022+6.4%
Q3 2022-16.2%
Q2 2022+1.3%
Q1 2022-1.1%
Q4 2021+15.4%
Q3 2021+0.4%
Q2 2021-0.4%
Q1 2021-0.8%
Q4 2020

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