Bradley Lamensdorf
Short only

Close The Door On E2open

By Brad Lamensdorf of Ranger Equity Bear and Eric Fernandez, CFA of Two Rivers Analytics, Inc.

Close the door on E2open

It's time for investors to close the door on E2open (NASDAQ:EOPN). This company has benefited from cloud-mania for long enough. Its deteriorating business is masked by the company's accounting. The company has not been profitable for years, has negative free cash flows and shows deteriorating margins. The executives take increasing amounts of stock-based compensation. The stock, while down 46% over the past four months, is still very expensive. We are short and we recommend shorting the stock to other investors.

Description & BackgroundE2open provides cloud-based, collaboration software solutions for supply chain networks. Its products include supply...

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