Global Logistics Network Drives Record Revenues WATERLOO, Ontario, March 04, 2020 -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results.

Descartes Systems (DSGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WATERLOO, Ontario, May 07, 2020 -- Descartes Systems Group (TSX: DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to.

The surprising rebound of China freight volumes could bode well for the impact of the coronavirus epidemic on global supply chains, the CEO of Descartes Systems Group (NASDAQ: DSGX) said as the Canadian logistics technology company reported robust increases in profits and revenue in the fourth quarter."We were pleasantly surprised at how quickly the supply chains got back to full movement," CEO Edward Ryan told analysts Wednesday, citing multimodal activity on Descartes' global network in late February.China's recovery is "somewhat encouraging" for the impact of coronavirus on freight elsewhere, Ryan said. So far, Descartes' network has yet to show any troubling volume movements elsewhere linked to the epidemic, he said.But he stressed that the situation could change since uncertainties of the epidemic's impact remain significant."I don't have a crystal ball for how the coronavirus will unfold," he said.Ryan made the comments after Descartes reported net income of $11.4 million, or 13 cents per share, on $325.8 million in revenue for the fourth quarter of fiscal year 2020. The results came in slightly above analysts' expectations of 12 cents per share.Net income grew by 44% and revenue grew by 19% compared to the fourth quarter of fiscal year 2019.Descartes' prospects for the year remain solid, Ryan said. He noted that "customers will need us more than ever" with numerous challenges for supply chains, including coronavirus."We've done pretty well in these environments," he said.Ontario-based Descartes is primarily a software-as-a-service provider. It offers an array of solutions for carriers, logistics providers, shippers and government entities.The company acquired Peoplevox, a cloud-based e-commerce warehouse management provider, in February.Image Sourced from PixabaySee more from Benzinga * US, Europe Backhaul Box Rates Rise On Coronavirus * SaaS Capital Announces 3Gtms Has Acquired Portfolio Company Pacejet * Morgan Olson Hopes To Take Class 2 By Storm(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To the annoyance of some shareholders, Descartes Systems Group (TSE:DSG) shares are down a considerable 30% in the...

Anyone researching The Descartes Systems Group Inc (TSE:DSG) might want to consider the historical volatility of the...

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Explore information on the largest software companies headquartered in Canada, which include some of the largest Canadian businesses overall.

Descartes Systems (DSGX) delivered earnings and revenue surprises of 8.33% and -0.49%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

Descartes Systems Group (SLYG) (DSG.TO), the global leader in uniting logistics-intensive businesses in commerce, announced that Germany’s ANCLA Logistik GmbH, a leading third party logistics services provider, is scaling its use of Descartes’ Ecommerce Warehouse Management (WMS) solution to quickly onboard online retailers who have been impacted by COVID-19. Descartes Ecommerce WMS automates ecommerce processes from the initial receipt to the storage of goods in the warehouse, order processing, outbound shipment execution and returns management.

Descartes Systems Group (DSG.TO) (DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions (“eWMS”). Peoplevox’s web-based eWMS and ecommerce fulfilment solutions help customers seamlessly connect to webshop front ends, translate order information into a mobile-driven pick and pack process within the warehouse and then feed parcel delivery systems for shipment execution.

NEW YORK, NY / ACCESSWIRE / March 4, 2020 / The Descartes Systems Group, Inc. (DSGX) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 4, 2020 at ...

Descartes Systems Group (SLYG) (DSG.TO), the global leader in uniting logistics-intensive businesses in commerce, announced that Nashville, TN-based BFC Solutions, the largest self-performing, preventive maintenance service provider for commercial HVAC systems in the U.S., is using Descartes Route Planner™ to meet new demands as a result of the COVID-19 pandemic. “As our business has become more fluid during the COVID-19 crisis, the ability to use the Descartes solution to make real-time adjustments is proving even more valuable than we anticipated,” said Mike Massaro, Executive Vice President of Operations at BFC Solutions.

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of The Descartes Systems...

WATERLOO, Ontario, Feb. 27, 2020 -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that.

Descartes Systems (DSGX) delivered earnings and revenue surprises of 8.33% and -2.21%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

Uber transformed transportation when it spent a fortune turning ride-sharing into a mainstream mode of transportation, but the 2.0 version of ride-sharing is where the real disruption begins

Descartes Systems Group (SLYG) (DSG.TO), the global leader in uniting logistics-intensive businesses in commerce, announced that White Plains, NY-based Capital Logistics, a full service logistics provider with extensive expertise in domestic temperature-controlled transportation, is using the Descartes MacroPoint™ real-time freight visibility solution and the Descartes Aljex™ transportation management system (TMS) to move and track loads for national grocery customers, which have dramatically increased as a result of the COVID-19 pandemic. “As our customers focus on keeping food supply chains functioning, having real-time visibility into the status of critical freight has increased our ability to keep pace with the unpredictable demand grocery stores are experiencing,” said Greg Ackner, Vice President at Capital Logistics.

Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Circle Logistics, based in Fort Wayne, Indiana, is providing the U.S. Federal Emergency Management Agency (FEMA) and grocery customers with real-time visibility of critical medical supply and grocery shipments across the U.S. using Descartes MacroPoint. The cloud-based Descartes MacroPoint real-time visibility solution gives freight brokers, logistics service providers, and shippers real-time location, status, and estimated time of arrival of their loads.