ATLANTA, GA – – (Globe Newswire – May 8, 2023) – – Holzer & Holzer, LLC is investigating whether E2open Parent Holdings, Inc. (“E2open,” or the “Company”) (NYSE: ETWO) complied with federal securities laws. On May 1, 2023, the Company announced its fiscal 2023 fourth quarter and full year financial results, revealing SaaS revenue was down 6.6% down from the same period in the year prior. The Company also issued revenue guidance for its fiscal year 2024 for between $545 and $555 million, below consensus estimates. Following this announcement, the price of the Company’s stock dropped.
If you purchased E2open stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/e2open/ to discuss your legal rights.