Descartes Systems Group (DSGX) Tops Q2 EPS by 1c, Revenues Miss

Descartes Systems Group (NASDAQ: DSGX) reported Q2 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $67.1 million versus the consensus estimate of $67.57 million.

“Our business continues to grow as we add solutions that deliver value to our customers in a complex logistics environment,” said Edward J. Ryan, Descartes’ CEO. “Since the end of our first quarter, we’ve added both the Velocity Mail and PinPoint businesses into our Global Logistics Network (“GLN”). We continue to operate our business so that we can help our customers by investing in more solutions and connecting more parties to the GLN. We believe our mission of being the world’s largest multiple-transportation-mode logistics network makes us a business that our customers will continue to trust to manage the lifecycles of their shipments.”

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

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