Descartes reports record quarter; announces acquisition

Global supply chain SaaS provider Descartes reported another record financial performance Wednesday after the market closed. The company also announced the acquisition of an e-commerce solutions provider. Descartes (NASDAQ: DSGX) reported earnings per share of 52 cents for its fiscal fourth quarter ended January 31. The result was 9 cents higher year over year. Consolidated revenue of $193 million came in 15% higher y/y. Services revenue was also up 15% to $180 million (organic growth in services reven ...