NYSE$ETWO
E2open Parent Holdings Inc. · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
E2open's financial performance remained below potential despite subscription revenue near the high end of guidance and strong adjusted EBITDA margins.
E2open reported a total GAAP revenue of $158.5 million for Q2 2024, a decrease of 1.4% year-over-year. Subscription revenue increased by 2.4% to $134.7 million. The company's net loss was $38.6 million, an improvement from the $409.6 million loss in the same period last year. Adjusted EBITDA increased by 16.1% to $56.1 million.
- GAAP subscription revenue was $134.7 million, up 2.4% year-over-year.
- Total GAAP revenue was $158.5 million, a decrease of 1.4% year-over-year.
- Net loss was $38.6 million, improved from a net loss of $409.6 million in the prior year.
- Adjusted EBITDA was $56.1 million, an increase of 16.1% year-over-year.
Headline financials
Revenue & EPS history
E2open · Revenue · Quarterly
$158M
Revenue by segment
E2open · $30M total across 1 segment · Q3 2022
- Professional Services$30M—100.0%
Forward guidance
E2open is updating full year 2024 guidance previously provided on May 1, 2023, and providing third quarter 2024 guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q2 2024
-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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