E2open Parent Sees FY24 Subscription Revenue $530M-$538M, Total GAAP Revenue $625M-$635M, Sees Q3 GAAP Subscription Revenue $130M-$133M
Portfolio Pulse from Bill Haddad
E2open Parent Holdings, Inc. has projected its FY24 subscription revenue to be between $530M-$538M, and total GAAP revenue to be between $625M-$635M. The company also expects its Q3 GAAP subscription revenue to be between $130M-$133M.
October 10, 2023 | 8:21 pm
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E2open Parent Holdings, Inc. (ETWO) has provided revenue guidance for FY24 and Q3. The company expects FY24 subscription revenue to be $530M-$538M, total GAAP revenue to be $625M-$635M, and Q3 GAAP subscription revenue to be $130M-$133M.
The company's revenue guidance is a key indicator of its financial health and future performance. While the guidance is positive, it's hard to predict the exact impact on the stock price in the short term without additional information such as market expectations, the company's past performance, and the current economic environment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100