Return to Subscription Revenue Growth
E2open achieved the first year-over-year growth in subscription revenue since mid-FY '24, with subscription revenue growing 1.1% year-over-year and 0.9% on a constant currency basis.
Strong Cash Generation
E2open ended Q1 with $230.2 million of cash, an increase of $33 million from the fourth quarter, marking another quarter of strong performance on cash generation.
Successful Client Retention and Innovation
Significant improvements in client retention and notable enhancements in software products, including new product launches and generative AI-driven tools.
Positive EBITDA Performance
Adjusted EBITDA for the first quarter was $52.2 million, a 34.2% margin compared to $50.7 million and a 33.6% margin in the prior year quarter.
Pending Acquisition by WiseTech Global
E2open announced a pending acquisition by WiseTech Global, expected to close by the end of the calendar year, with strategic benefits for both companies.