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包 E2OPEN Demand . Supply . Delivered . E2open Announces Fiscal First Quarter 2022 Financial Results Strong Momentum Drives Conviction in Long Term Organic Growth Acceleration Reaffirms Fiscal Year 2022 Guidance of 10 % Organic Revenue Growth AUSTIN , Texas – July 14 , 2021 – E2open Parent Holdings , Inc. ( NYSE : ETWO ) , a leading network - based provider of 100 % cloud - based , mission - critical , end - to - end supply chain management software , today announced financial results for its fiscal first quarter 2022 ended May 31 , 2021 . " We had a very strong start to our fiscal year 2022 , with strong revenue , gross margin , and EBITDA performance as well as subscriptions bookings , ” said Michael Farlekas , president and chief executive officer at E2open . " We exceeded our plan on the operating metrics of revenue , gross margin , EBITDA margin , and gross and net bookings . In addition , we announced the transformational and accretive acquisition of BluJay Solutions , a strategic partnership with Dun & Bradstreet , and formed a strategic partnership with a leader in U.S. healthcare procurement and supply chain . " " We are pleased with our strong financial results for our first quarter , and given the forward revenue visibility of the business , we remain confident that our fiscal year 2022 organic revenue growth will be 10 percent as we have projected and be in excess of 10 % in that back half of this year ” said Farlekas . “ In addition , we are very excited to welcome the BluJay team and clients to E2open at closing , which is anticipated to occur in the calendar year third quarter , ” said Farlekas . Fiscal First Quarter 2022 Financial Highlights NOTE : Non - GAAP revenue adds back amortization of the fair value adjustment to deferred revenue resulting from the business combination with CC Neuberger Principal Holdings I ( CCNB1 ) as required by GAAP . The Company is adding this back to provide better comparability in the calculation of our organic growth rate . • • Revenue : Total GAAP revenue for fiscal first quarter 2022 reached $ 66.3 million , a decrease of 20.2 % from $ 83.1 million in the fiscal first quarter of 2021. Total non - GAAP revenue was $ 88.8 million , an increase of 6.9 % compared to $ 83.1 million in the fiscal first quarter of 2021 . Subscription revenue for the fiscal first quarter of 2022 was $ 51.0 million compared to $ 69.6 million in the prior year period . Fiscal first quarter 2022 non - GAAP subscription revenue was up 5.6 % to $ 73.5 million compared to $ 69.6 million from the prior fiscal first quarter . Gross Profit : Gross profit for the fiscal first quarter of 2022 was $ 28.2 million , a decrease of 46.2 % compared with $ 52.3 million in the same quarter of 2021. Non - GAAP gross profit for the fiscal first quarter of 2022 was $ 65.4 million , an increase of 10.2 % compared to $ 59.4 million in the prior year's first quarter .