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E2open Initiates Strategic Review, Affirms FY24 View

Software company E2open Parent Holdings, Inc. (ETWO), Thursday announced the initiation of a strategic review to boost shareholder value, strengthen its market position and accelerate growth.

Additionally, the company stated that it expects revenue to stand between $628 million and $633 million, and adjusted EBITDA to stand between $215 million and $220 million for the fiscal year 2024.

In the pre-market activity, E2open's stock is trading at $4.16, up 2.72 percent on the New York Stock Exchange.

by RTTNews Staff Writer

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