Descartes-DSGX Misses on Q1 Earnings & Sales, to Trim 7% Workforce, Stock Down

Key Takeaways DSGX posted Q1 EPS of $0.41, up 2.5% YoY but missing estimates by 10.9% and falling 4.7% sequentially. Q1 revenues rose 11.5% YoY to$ 168.7M, led by acquisitions and trade intelligence, but missed forecasts. 3GTMS acquisition and a 7% workforce cut aim to boost efficiency amid macro and customer challenges.Descartes Systems (DSGX) reported first-quarter fiscal 2026 non-GAAP earnings per share (EPS) of 41 cents, which lagged the Zacks Consensus Estimate by 10.9%. The bottom line grew 2.5% yea ...