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

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Descartes Reports Fiscal 2015 First Quarter Financial Results

May 29, 2014 6:00 AM EDT

Record Operating Performance Driven by 20% Increase in Year-Over-Year Revenues

WATERLOO, Ontario, May 29, 2014 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX) announced financial results for its fiscal 2015 first quarter (Q1FY15) ended April 30, 2014. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).

"We're pleased to have delivered another record quarter, with continued strong growth in revenues and Adjusted EBITDA," said Edward Ryan, Descartes' CEO. "Our strategy of focusing on recurring revenues,... More