Descartes Systems Group (DSGX) Misses Q3 EPS by 2c, Revenues Beat

Descartes Systems Group (NASDAQ: DSGX) reported Q3 EPS of $0.10, $0.02 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $70 million versus the consensus estimate of $69.83 million.

“Logistics is a multi-party, multi-process problem, and it’s becoming increasingly complex with today’s dynamic global trade landscape,” said Edward J. Ryan, Descartes’ CEO. “We believe that customers are looking for one place to collaborate with their supply chain and manage the lifecycle of shipments. We believe that place is our Global Logistics Network (GLN), which continues to gain momentum as we add participants, solutions and content for key constituents in the supply chain, including shippers, carriers, logistics intermediaries and government agencies. The GLN is a stable, reliable and trusted platform that we believe is poised for further growth as it continues to deliver incremental value to the supply chain community.”

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

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