Descartes (DSGX) Q1 Earnings Miss, Revenues Increase Y/Y
Descartes(DSGX) ZACKS·2024-05-30 22:10
Descartes Systems (DSGX) reported first-quarter fiscal 2025 non-GAAP earnings per share (EPS) of 40 cents, which missed the Zacks Consensus Estimate of 42 cents. The bottom line increased 18% year over year. Revenues in the quarter totaled $151.3 million, beating the Zacks Consensus Estimate by 0.9%. The top line grew 11% year over year. Synergies arising from the acquisition of OCR and Thyme ASD in the fiscal first quarter, along with healthy momentum in services revenues, led to the expansion. Also, acqui ...