Latest news with #DSGX
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Descartes Systems: Fiscal Q1 Earnings Snapshot
WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — The Descartes Systems Group Inc. (DSGX) on Wednesday reported profit of $36.2 million in its fiscal first quarter. The Waterloo, Ontario-based company said it had net income of 41 cents per share. The logistics provider posted revenue of $168.7 million in the period. _____
Yahoo
6 days ago
- Business
- Yahoo
Descartes Systems: Fiscal Q1 Earnings Snapshot
WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — The Descartes Systems Group Inc. (DSGX) on Wednesday reported profit of $36.2 million in its fiscal first quarter. The Waterloo, Ontario-based company said it had net income of 41 cents per share. The logistics provider posted revenue of $168.7 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DSGX at Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Descartes Systems: Fiscal Q1 Earnings Snapshot
WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — The Descartes Systems Group Inc. (DSGX) on Wednesday reported profit of $36.2 million in its fiscal first quarter. The Waterloo, Ontario-based company said it had net income of 41 cents per share. The logistics provider posted revenue of $168.7 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DSGX at Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
DSGX's Solution Used by ArrowXL to Boost Last Mile Delivery
The Descartes Systems Group Inc. DSGX recently announced that ArrowXL, the U.K.'s largest and most established two-person home delivery and warehousing specialist, is leveraging its cloud-based route planning and execution solution to streamline last mile delivery operations. DSGX's solution is enhancing ArrowXL's dynamic route planning capabilities and improving transportation efficiency and capacity across the business. Descartes' advanced last-mile delivery platform is designed to support dynamic delivery requirements, including same-day service, by optimizing route efficiency and reducing travel distances. This not only cuts operational costs but also increases delivery capacity and sustainability. For ArrowXL, it helps manage routes in areas with blurred boundaries between delivery locations and team areas, thereby maintaining high service levels even under complex logistical scenarios. Descartes emphasized that ArrowXL's delivery operations for leading e-commerce and retail brands are significantly enhanced through automated, dynamic route planning. This technology enables ArrowXL to scale its logistics more efficiently while empowering its clients to offer a greater number of delivery slots to their customers—ultimately driving higher customer satisfaction and contributing to overall business growth. ArrowXL emphasized that optimizing such complex operations requires precision, and Descartes' solution has allowed ArrowXL to replace manual planning with an automated, real-time system. This transition has significantly enhanced vehicle utilization, reduced carbon dioxide emissions and expanded delivery capacity. By integrating seamlessly with both internal systems and those of its clients, the solution provides complete visibility across the value chain, enabling more efficient operations and improved customer service. The Descartes Systems Group Inc. price-consensus-chart | The Descartes Systems Group Inc. Quote Recently, the company announced a significant advancement in air cargo digitization through its Descartes Air Messaging solution, which streamlines the transmission of shipment data in accordance with the International Air Transport Association's ('IATA') ONE Record messaging standard. IATA's ONE Record initiative aims to fully digitize air cargo messaging services by Jan. 1, 2026, replacing traditional Cargo-IMP and Cargo XML formats. This shift is intended to create a more unified and efficient data-sharing model across the industry. DSGX's solutions have been witnessing rapid uptake. In February 2025, Descartes announced that Defense Trade Solutions (DTS), a leading provider of export compliance and global trade services for the defense industry, has adopted the Descartes GlobalEASE solution to enhance and automate export compliance processes for its clients. This move aligns with DTS' mission to simplify and promote responsible, efficient trade across the defense sector. By incorporating Descartes GlobalEASE into its managed services, DTS is enabling clients to reduce compliance costs and better navigate complex global regulations such as the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). Previously, the company announced that Illinois-based freight forwarder American Lamprecht is now providing customers with real-time visibility into the location and status of their air and ocean shipments. Descartes announced that Lane One Transport, a Texas-based freight brokerage firm, is leveraging Parade CoDriver, an artificial intelligence (AI)-powered carrier engagement platform, seamlessly integrated with Descartes Aljex transportation management system (TMS) and Descartes MyCarrierPortal for carrier onboarding. The rapid adoption of solutions is driving the company's top-line expansion. In the last reported quarter, DSGX revenues soared 13% year over year to $167.5 million, beating the Zacks Consensus Estimate by 0.5%. The company's flagship, MacroPoint solution, integrated into the Global Logistics Network, acted as a key catalyst. Strength in the global trade intelligence business during the quarter was a tailwind. Descartes will announce its financial results for the first quarter of fiscal 2026 after the market closes on Wednesday, June 4, 2025. However, uncertainty prevailing over global macroeconomic conditions, geopolitical turmoil and volatile supply-chain challenges remain concerns. DSGX currently carries a Zacks Rank #4 (Sell). Shares of the company have gained 14.3% in the past year compared with the Zacks Computer-Software industry's growth of 9.3%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Blackbaud, Inc. BLKB, Commvault Systems, Inc. CVLT and OptimizeRx Corporation OPRX. BLKB sports a Zacks Rank #1 (Strong Buy), while CVLT and OPRX carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Blackbaud's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 22.3% in the past year. CVLT's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.7%. In the last reported quarter, Commvault delivered an earnings surprise of 10.75%. Its shares have increased 58.6% in the six months. OPRX's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 105.33%. In the last reported quarter, OptimizeRx delivered an earnings surprise of 172.73%. The company's long-term earnings growth rate is 25%. Its shares have advanced 160% in the past six months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CommVault Systems, Inc. (CVLT) : Free Stock Analysis Report Blackbaud, Inc. (BLKB) : Free Stock Analysis Report OptimizeRx Corp. (OPRX) : Free Stock Analysis Report The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
Descartes Systems Group (DSGX) Traded Lower in Q1
Conestoga Capital Advisors, an asset management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets started the year with a rally due to optimism about a strong economy and expectations of moderating inflation and lower interest rates. However, concerns over slowing earnings from major Technology companies, geopolitical tensions, and an upcoming announcement on tariffs led to a sharp decline in equities by the end of the first quarter. Investors sought safety, driving U.S. Treasury yields down. The Conestoga Small Cap Composite returned -11.35% (net) in the first quarter compared to the Russell 2000 Growth Index's -11.12% return. The Conestoga SMid Cap Composite returned -5.73% compared to the Russell 2500 Growth Index's -10.80% return. The Conestoga Micro-Cap Composite returned -8.24% vs the Russell Microcap Growth Index's return of -17.75%. Finally, the Conestoga Mid Cap Composite returned 0.96% (net), compared to the Russell Midcap Growth Index's -7.12% return. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its first-quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as The Descartes Systems Group Inc. (NASDAQ:DSGX). Headquartered in Waterloo, Canada, The Descartes Systems Group Inc. (NASDAQ:DSGX) provides cloud-based logistics and supply chain solutions. The one-month return of The Descartes Systems Group Inc. (NASDAQ:DSGX) was 4.95%, and its shares gained 12.85% of their value over the last 52 weeks. On April 28, 2025, The Descartes Systems Group Inc. (NASDAQ:DSGX) stock closed at $105.82 per share, with a market capitalization of $9.07 billion. Conestoga Capital Advisors stated the following regarding The Descartes Systems Group Inc. (NASDAQ:DSGX) in its Q1 2025 investor letter: "The Descartes Systems Group Inc. (NASDAQ:DSGX) is a leading provider of cloud-based logistics and supply chain solutions with over 26,000 customers worldwide. After being a leading contributor to portfolio return last quarter, DSGX traded lower on in-line quarterly results that revealed a deceleration in organic revenue growth. In addition, guidance was more conservative due to the number of crosscurrents in the supply chain and logistics market. DSGX should be well positioned as tariffs and increasing global trading complexity necessitates the need for the technology solutions DSGX offers." A warehouse filled with packages and parcels, signifying the scale of e-commerce enablement. The Descartes Systems Group Inc. (NASDAQ:DSGX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held The Descartes Systems Group Inc. (NASDAQ:DSGX) at the end of the fourth quarter, compared to 12 in the third quarter. While we acknowledge the potential of The Descartes Systems Group Inc. (NASDAQ:DSGX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered The Descartes Systems Group Inc. (NASDAQ:DSGX) and shared the list of best mid cap tech stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
