Descartes Announces Fiscal 2020 Fourth Quarter and Annual Financial Results

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Descartes Systems Group (DSGX) Tops Q4 EPS by 1c

March 4, 2020 4:02 PM EST

Descartes Systems Group (NASDAQ: DSGX) reported Q4 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $84.2 million versus the consensus estimate of $84.51 million.

As described in more detail below, key financial highlights for Q4FY20 included:

Revenues of $84.2 million, up 19% from $71.0 million in the fourth quarter of fiscal 2019 (Q4FY19) and up 1% from $83.0 million in the previous quarter (Q3FY20);Revenues were comprised of services... More