E2open Inc (EOPN)’s Third Quarter Fiscal 2015 Financial Results Conference Call Transcript

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Below is transcript of the E2open Inc (NASDAQ:EOPN)’s Third Quarter Fiscal 2015 Financial Results Conference Call, held on January 8, 2015, at 5:00 p.m. EST. Archon Capital Management, Invesco Private Capital (Wl Ross) and Trellus Management Company was among E2open Inc (NASDAQ:EOPNshareholders at the end of the second quarter.




E2open Inc (NASDAQ:EOPNE2open, Inc. is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input access and share data and execute business processes across internal operating units and external entities.



Greg Cliner– Investor relations for E2 Open.


Company Representatives:
Mark Woodward– E2 Open’s and CEO
Peter Baloney, E2 Open’s Chief Financial Officer



Bavan Suri – William Blare
Scott Childs – Bank of America Merrill Lynch
Brendan Barnacle – Pacific Crest Securities
Richard Davis – Canacord
Michael Hang – Neeham & Company
Scott Burg – Northland Capital Markets
Alex Zukin – Stephens.


Greetings and welcome to the E2 open third-quarter fiscal 2015 earnings conference call. At this time all participants are on a listen only mode. Every question and answer will follow the former presentation. If anyone requires operator assistance during the conference please press *0 on your telephone keypad. As a reminder this conference is being recorded.
I would now attend the conference over to host, Greg Cliner, investor relations for E2 Open. Thank you, you may begin.


Host: Greg Cliner

Thank you. Good afternoon and welcome to E2 open third quarter fiscal 2015 earnings conference call. Joining me today are Mark Woodward, E2 Open’s President and CEO and Peter Baloney, E2 Open’s Chief Financial Officer. Our commentary today will include non-GAAP financial measures. Reconciliations between GAAP and non-GAAP metrics were reported, results can be found in earnings press release. Non-GAAP financial measures exclude the impact of stock-based compensation, non-cash income taxes, certain accelerated revenue recognized in connection with the contract amendment, amortization of intangibles, acquisition expenses and the impact of purchase accounting adjustments to deferred revenue.

At times in our prepared comments or responses to your questions, we may offer incremental metrics to provide greater insight into the dynamics of our business for quarterly results. Please be advised, that this additional detail may be one time in nature and we may or may not provide an update on the future on these metrics. The primary purpose of today’s call is to provide you with information regarding our third quarter fiscal 2015 performance, in addition to our financial outlook for our fourth-quarter and full fiscal year 2015.

Some of our discussion responses to your question may contain forward-looking statements. These statements are subject to risks, uncertainties and assumptions. A discussion of the risks or uncertainties related to our business is contained in our filings, with the Securities and Exchange Commission. Should any of these risks or uncertainties materialize, for sure that our assumptions as outlined in our earnings release and the documentary referred to in that release, proved to be incorrect. Actual company results could differ materially from these forward-looking statements. I encourage you to visit our investor relations website, investor.E2open.com to access our third-quarter press release, periodic SEC reports or webcast replay of today’s call or to learn more about E2open.

Finally, before I turn the call over to Mark, please be advised that during today’s discussion, we may reference certain unreleased services or features, not yet currently available. We cannot guarantee the future timing or availability of these services or features, must recommend the customers who purchase our services, make their purchase decisions based on services and features that are currently available.
With that, let me turn the call over to Mark.


Mark Woodward, E2Open’s President and CEO
Thanks Greg. Welcome everyone and thanks for joining us today. As we will describe in more detail in a moment our revenue for the third quarter came in at the high end of our guidance range. In addition the bottom line results were well above my guidance, as we continue to focus on identifying ways to be more efficient in our operations, which we’ll talk more about in a bit.

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