Descartes Systems Group (DSGX) Tops Q4 EPS by 4c

Descartes Systems Group (NASDAQ: DSGX) reported Q4 EPS of $0.21, $0.04 better than the analyst estimate of $0.17. Revenue for the quarter came in at $98.8 million versus the consensus estimate of $92.2 million.

“We believe that by helping our customers succeed, Descartes will succeed. The financial results we’ve reported today reflect that,” said Edward J. Ryan, Descartes’ CEO. “Our customers face complex multi-party, multi-process supply chain and logistics challenges. This is even more so in recent times where our customers have faced rapid changes in supply, demand and trade regulations. Our Global Logistics Network is designed for these complex scenarios, helping shippers, carriers, customs authorities and logistics services providers connect and collaborate to execute the full lifecycle of shipments. We continue to innovate to help our customers prepare for tomorrow’s challenges, and we continue to add more solutions and trading partners to our network. As a result, our customers have trusted us with more of their business.”

For earnings history and earnings-related data on Descartes Systems Group (DSGX) click here.

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