Descartes Q3: Strong Revenue, CFO Change, Stock Surge
Update: 2025-12-04
Description
Descartes, a global supply chain software provider, reported robust financial results for Q3, with earnings per share up 8 cents to 50 cents and revenue surging 11% to 188 million dollars. The companys services revenue soared 16% to 174 million dollars, driven by increased demand for their solutions amidst complex trade challenges. Descartes also announced a new CFO, Ed Gardner, and a 19% rise in adjusted EBITDA, leading to a 4% stock price increase in after-hours trading.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
