NYSE$ETWO
E2open Parent Holdings Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced financial results for the fiscal second quarter of 2022.
E2open reported a strong second quarter, exceeding expectations for revenue, gross margin, and EBITDA and achieved double-digit organic growth one quarter early. The company reaffirmed its revenue guidance raised on September 1st and increased adjusted EBITDA guidance. They also acquired BluJay Solutions.
- Total GAAP revenue for fiscal second quarter 2022 reached $78.1 million, a decrease of 4.6% from $81.8 million in the fiscal second quarter of 2021.
- Total non-GAAP revenue was $92.3 million, an increase of 12.8% compared to $81.8 million in the fiscal second quarter of 2021.
- Adjusted EBITDA was $33.5 million with a margin of 36.3%, an increase from $26.2 million in the fiscal second quarter 2021 with a margin of 32.0%.
- Net loss for the fiscal second quarter of 2022 was $24.0 million compared with a net loss of $17.5 million in the same quarter of 2021.
Headline financials
Revenue & EPS history
E2open · Revenue · Quarterly
$92.3M
Revenue by segment
E2open · $16.4M total across 1 segment · Q2 2022
- Professional Services$16.4M—100.0%
Forward guidance
E2open is reaffirming its non-GAAP revenue guidance and raising its adjusted EBITDA guidance for its full fiscal year 2022.
Tailwinds
- Total non-GAAP revenue is expected to be in the range of $470 million to $474 million reflecting a more than 10% growth rate.
- Adjusted EBITDA is expected to be in the range of $161 million to $163 million versus prior guidance of $158 million provided at the announcement of the BluJay transaction.
- Total synergies related to the recent BluJay combination are projected to be $25 million compared to $20 million announced previously.
- The company expects to achieve between 50 to 60% run-rate savings by the end of fiscal 2022.
- Non-GAAP gross profit margin is expected to be in the range of 70% to 72%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
-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
| Quarter | Report date | Reaction (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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