DSGX - E2open: Big Growth Through Big M&A
- E2open released its first earnings report since closing the BluJay acquisition reporting an EPS of $-0.19 and revenue of $147.4M (+13.8% YoY).
- Non-GAPP Revenue guidance for FY22 was raised to $474 - $476MM, representing a 10.2% growth vs. the expected 9.6% pro-forma growth when the BluJay acquisition was announced.
- E2open has declined over 35% since it’s 52-week high in June of 2021 and now sit 20% off it’s 52-week low.
- Bullish investors may like this low entry point, while Bearish investors will quickly point out the high debt and high cost, acquisition-driven revenue growth.
For further details see:
E2open: Big Growth Through Big M&A