Descartes Announces Fiscal 2025 First Quarter Financial Results

As described in more detail below, key financial highlights for Descartes' Q1FY25 included: Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. We define Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition- relate ...