Descartes Announces Fiscal 2021 Second Quarter Financial Results

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Descartes Systems Group (DSGX) Reports In-Line Q2 EPS, Revenues Beat

September 9, 2020 4:02 PM EDT

Descartes Systems Group (NASDAQ: DSGX) reported Q2 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $84 million versus the consensus estimate of $81.41 million.

Q2FY21 Financial ResultsAs described in more detail below, key financial highlights for Q2FY21 included:

Revenues of $84.0 million, up 4% from $80.5 million in the second quarter of fiscal 2020 (Q2FY20) and up from $83.7 million in the previous quarter (Q1FY21);Revenues were comprised of services revenues of $75.3... More