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TSE:DSG

The Descartes Systems Group 12/5/2023 Earnings Report

The Descartes Systems Group logo
C$137.37 +0.37 (+0.27%)
As of 03:11 PM Eastern

The Descartes Systems Group EPS Results

Actual EPS
C$0.42
Consensus EPS
C$0.44
Beat/Miss
Missed by -C$0.02
One Year Ago EPS
N/A

The Descartes Systems Group Revenue Results

Actual Revenue
$196.53 million
Expected Revenue
$197.28 million
Beat/Miss
Missed by -$750.00 thousand
YoY Revenue Growth
N/A

The Descartes Systems Group Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

The Descartes Systems Group Earnings Headlines

The Descartes Systems Group Inc: Descartes Acquires PackageRoute
A new rule goes live in July — and the banks are quietly cashing in
A major change is quietly going into effect this July — and Wall Street is already positioning for it. Big Banks have found a way to use a new asset as if it were cash. Not stocks. Not bonds. Not even the U.S. dollar. They now trust this asset more than the traditional financial system itself.
William Blair Brokers Reduce Earnings Estimates for TSE:DSG
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About The Descartes Systems Group

The Descartes Systems Group (TSE:DSG) provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

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