E2open Parent Holdings Inc. (NYSE: ETWO), a leading connected supply chain SaaS platform, reported its fiscal first quarter 2026 financial results, showing a GAAP subscription revenue of $132.9 million. This figure is an increase of 1.1% compared to the same period last year and represents 87.0% of the total revenue. The subscription revenue also saw a 0.9% increase on a constant currency basis. The company announced a GAAP EPS loss of $0.05 for the first quarter, while the adjusted EPS was reported at $0.05. In terms of business developments, E2open highlighted the acquisition by WiseTech Global, which concludes the company's strategic review. Additionally, E2open successfully closed new business deals with prominent global companies across various sectors, including manufacturing, consumer retail, and food and beverage, which selected E2open solutions to enhance productivity and efficiency. Looking ahead, E2open reiterated its fiscal year 2026 guidance, expecting GAAP subscription revenue to be in the range of $525 million to $535 million, reflecting a 0.4% growth rate at the midpoint. The company anticipates the WiseTech transaction to close by the end of the calendar year.
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