Descartes Announces Fiscal 2020 Second Quarter Results

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Descartes Systems Group (DSGX) Tops Q2 EPS by 2c

September 4, 2019 4:01 PM EDT

Descartes Systems Group (NASDAQ: DSGX) reported Q2 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $80.5 million versus the consensus estimate of $80.35 million.

Q2FY20 Financial ResultsAs described in more detail below, key financial highlights for Descartes Q2FY20 included:

Revenues of $80.5 million, up 20% from $67.1 million in the second quarter of fiscal 2019 (Q2FY19) and up 3% from $78.0 million in the previous quarter (Q1FY20);Revenues... More