Descartes Announces Fiscal 2021 First Quarter Financial Results

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Go back to Descartes Announces Fiscal 2021 First Quarter Financial Results

Descartes Systems Group (DSGX) Reports In-Line Q1 EPS, Revenues Miss

May 27, 2020 4:06 PM EDT

Descartes Systems Group (NASDAQ: DSGX) reported Q1 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $83.7 million versus the consensus estimate of $85.54 million.

Q1FY21 Financial Results
As described in more detail below, key financial highlights for Q1FY21 included:

Revenues of $83.7 million, up 7% from $78.0 million in the first quarter of fiscal 2020 (Q1FY20) and down from $84.2 million in the previous quarter (Q4FY20);Revenues were comprised of services revenues of $74.1... More