Descartes Systems Fiscal Q1 Earnings, Revenue Rise

MT Newswires Live

06/04

Descartes Systems (DSGX) reported fiscal Q1 net income late Wednesday of $0.55 per diluted share, up from $0.41 a year earlier.

Analysts polled by FactSet expected $0.52.

Revenue for the quarter ended April 30 was $193.6 million, up from $168.7 million a year earlier.

Analysts expected $191.6 million.

Shares were down more than 2% in recent after-hours trading.

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