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Descartes Systems Reports Record Q3 Revenues
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Descartes Systems Reports Record Q3 Revenues

The Descartes Systems Group Inc. ( (DSGX) ) has released its Q3 earnings. Here is a breakdown of the information The Descartes Systems Group Inc. presented to its investors.

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The Descartes Systems Group Inc., a leader in software-as-a-service solutions for logistics-intensive businesses, has reported its fiscal 2025 third-quarter financial results, showcasing a record performance. The company, headquartered in Waterloo, Ontario, focuses on enhancing productivity, security, and sustainability within the logistics sector.

In its latest earnings report, Descartes highlighted significant revenue growth, reaching $168.8 million, marking a 17% increase compared to the same period last year. The company attributed this growth to organic expansion and strategic acquisitions, including the purchase of MyCarrierPortal and Sellercloud, which enhanced their Global Logistics Network.

Key financial metrics for the third quarter included a net income of $36.6 million, a 38% rise year-over-year, and an adjusted EBITDA of $72.1 million, reflecting a 14% increase. Earnings per share also saw a boost, reaching $0.42, showcasing the company’s strong financial performance despite a complex global trade environment.

Looking forward, Descartes’ management remains focused on navigating the uncertainties in global trade while continuing to support its customers through innovative logistics solutions. As the company expands its capabilities through acquisitions and strategic investments, it aims to maintain its growth trajectory and strengthen its position in the logistics software market.

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