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Descartes Announces Fiscal 2025 First Quarter Financial Results
Newsfilter· 2024-05-30 05:00
As described in more detail below, key financial highlights for Descartes' Q1FY25 included: Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. We define Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition- relate ...
Descartes Announces Fiscal 2025 First Quarter Financial Results
globenewswire.com· 2024-05-30 05:00
Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, May 29, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 first quarter (Q1FY25). 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). "Global trade is complex and constantly evolving. Supply chains and logistics operati ...
Descartes' Annual Ecommerce Study Shows Online Buying Grows but 67% of Consumers Face Delivery Problems
Newsfilter· 2024-05-07 18:45
ATLANTA and LONDON, May 07, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from Online Buying Grows, But Too Many Consumers Still Experiencing Delivery Woes, its third annual consumer sentiment study of ecommerce home delivery. The study shows that 39% of respondents made more online purchases in the period surveyed this year compared to last year, and that 57% made purchases in at least one ...
Gravitas Worldwide Streamlines Customs Clearance Using Descartes e-Customs™ Solution
Newsfilter· 2024-04-29 18:45
LONDON and ATLANTA, April 29, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that global freight broker Gravitas Worldwide is more efficiently managing customs declarations for aerospace clients by using Descartes e-Customs™ to automate traditionally manual customs processes. "We ship anything from aircraft engines to rivets for our clients. Since many shipments take place overnight, it is critical ...
Descartes (DSGX) Acquires Aerospace Software Developments
Zacks Investment Research· 2024-04-23 22:26
文章核心观点 - 软件公司Descartes Systems(DSGX)收购了Aerospace Software Developments(ASD),以增强其在航空物流领域的技术实力 [1][2][3][4][5] - DSGX通过收购ASD获得了其基于RFID技术的航空资产跟踪解决方案,以及针对进出口物流的海关申报软件 [2][3] - DSGX希望将ASD的技术与自身的全球物流网络(GLN)和实时跟踪平台进行整合,为航空公司提供更加全面的解决方案 [4][5] - 收购是DSGX持续扩大业务规模的一个重要手段,近年来公司还收购了其他几家专注于全球贸易合规和供应链管理的公司 [6][7] - DSGX 2024财年收入为5.729亿美元,同比增长18% [8] 公司概况 - DSGX总部位于加拿大滑铁卢,提供基于软件即服务的物流解决方案 [8] - 公司主要业务包括实时可视化、全球贸易情报以及路由和调度解决方案 [8] - 目前公司股票被评为Zacks 2(买入)评级,股价较同行业上涨15% [9] 行业动态 - 同行业公司Pinterest和NVIDIA也表现良好,获得了Zacks的买入评级 [11][13] - 网络设备商Arista Networks在数据中心网络领域保持领先地位,有望持续受益于云计算业务的增长 [15][17]
Descartes Acquires ASD
Newsfilter· 2024-04-22 19:00
Strengthens Descartes' Customs and Regulatory Compliance Footprint WATERLOO, Ontario and ATLANTA, April 22, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Aerospace Software Developments ("ASD"), a leading provider of customs and regulatory compliance solutions. Based in Ireland, ASD provides customs declaration software solutions for logistics services providers ("LSPs") and sh ...
Descartes' Study Reveals 54% of Supply Chain and Logistics Operations are Prioritizing Automation to Mitigate Workforce Shortages
Newsfilter· 2024-04-15 18:45
ATLANTA and LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its study What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge? The study shows that 54% of the supply chain and logistics leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity in the face of notable workf ...
Descartes (DSGX) Introduces MacroPoint FraudGuard Solution
Zacks Investment Research· 2024-04-12 21:55
Descartes Systems (DSGX) recently unveiled the Descartes MacroPoint FraudGuard platform to safeguard operations in the transportation and logistics sector in real-time. These capabilities are designed to aid companies in combating fraudulent activities commonly found in carrier information, load tracking and shipment status.The state-of-the-art solution is now part of the Descartes MacroPoint service subscription.Descartes MacroPoint is a multimodal visibility platform that includes advanced verification fe ...
New Descartes MacroPoint™ Capabilities Help Combat Fraud in Transportation and Logistics
Newsfilter· 2024-04-11 06:00
ATLANTA, April 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the availability of Descartes MacroPoint™ FraudGuard to help freight brokers, third-party logistics companies (3PLs) and shippers identify and prevent fraudulent activities related to carrier information, load tracking, and shipment status. The new capabilities are now included as part of the subscription for the Descartes MacroPoint ...
Descartes' (DSGX) Ecommerce Warehouse Solution Used by LOVALL
Zacks Investment Research· 2024-04-05 21:51
Descartes Systems (DSGX) recently announced that fashion brand LOVALL has adopted its modernized ecommerce warehouse management system (WMS) to facilitate the automation of the fulfillment process and maximize the warehouse space for holding three times as much inventory.The increased capacity has enabled LOVALL to easily meet ecommerce order demands during busy seasons (even when order volumes increased 28% in November 2023) without the need for additional resources. Based in the United Kingdom, LOVALL is ...