Descartes Reports Fiscal 2018 Second Quarter Financial Results

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Descartes (DSGX) PT Raised to $30 at Canaccord Genuity Following 2Q

September 7, 2017 8:59 AM EDT

Canaccord Genuity raised its price target on Descartes (NASDAQ: DSGX) to $30.00 (from $28.00) while maintaining a Buy rating. Descartes reported 2Q revenues of $57.3M and EBITDA of $19.8M, which were respectively $1.6M and $0.3M ahead of estimates.

Descartes provided an updated calibration for... More