For the quarter ended October 2024, Descartes Systems (DSGX) reported revenue of $168.76 million, up 16.6% over the same period last year. EPS came in at $0.42, compared to $0.31 in the year-ago quarter.The reported revenue represents a surprise of +3.54% over the Zacks Consensus Estimate of $162.98 million. With the consensus EPS estimate being $0.44, the EPS surprise was -4.55%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Descartes Systems (DSGX) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.55%. A quarter ago, it was expected that this logistics provider would post earnings of $0.43 per share when it actually produced earnings of $0.40, delivering a surprise of -6.98%.Over the last four quarters, ...

Record Revenues as Global Logistics Network ExpandsWATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter (Q3FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).“Our business has grown organically while we've added complementary solutions ...

ATLANTA and LONDON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2024 Supply Chain Intelligence Report: Escalating Challenges for Global Supply Chain Leaders survey, which examined the most significant global trade challenges facing logistics and supply chain leaders today. The study showed that 48% of respondents identified rising tariffs and trade barriers as their top ...

ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Michigan-based Automated Logistics Systems is using Descartes’ foreign trade zone (FTZ) solution to help its customers accelerate customs clearance and lower costs for imports into the U.S. by deferring the payment of many duties. “With our warehouse in Jackson, Michigan already established as an FTZ, we wanted to make customs com ...

Descartes Systems (DSGX) shares rallied 4.4% in the last trading session to close at $112.50. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.6% gain over the past four weeks.The increase in share price can be attributed to optimism surrounding the company’s acquisition strategy. Descartes has strategically acquired companies to enhance its product offerings and secure innovative technologies and talent. Th ...

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WATERLOO, Ontario, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its third quarter fiscal 2025 financial results after market close on Tuesday, December 3, 2024. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Tuesday, December 3, 2024. Designated numbers are +1 289 514 5100 and +1 800 ...

ATLANTA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Las Vegas-based Aroma Retail, a leading environmental scenting company specializing in signature resort scents and unique fragrance libraries for home and business, is using Descartes’ cloud-based, multi-carrier parcel shipping solution to scale ecommerce order fulfillment in support of escalating sales growth. “What began as a ti ...

Descartes Systems Group Inc. (DSGX) recently announced that Cathay Cargo, a global air freight service provider, has utilized Descartes' cutting-edge Bluetooth Low Energy air cargo tracking solution to securely transport two giant pandas from Chengdu, China, to Hong Kong. Cathay Cargo has been leveraging Descartes' tracking solution since 2021 as part of its Ultra Track cargo tracking service. This collaboration allows Cathay Cargo to offer its customers real-time location and condition data for sensitive a ...