Descartes Systems Group Inc
DSGXDescartes Systems Group Inc (DSGX) is a global provider of cloud-based logistics and supply chain management software. Founded in 1981 and headquartered in Waterloo, Canada, the company offers solutions that streamline transportation, warehouse, and delivery operations for various industries, including retail, manufacturing, and logistics service providers. Descartes focuses on improving supply chain efficiency, visibility, and agility through its comprehensive software platform.
Company News
Descartes Systems Group reported strong Q3 FY26 financial performance, with revenues of $187.7 million (up 11% year-over-year), net income of $43.9 million, and announced a CFO transition plan and a potential normal course issuer bid.
Conestoga Capital Advisors sold $20.1 million worth of Novanta stock in Q3, reducing its stake by 168,907 shares due to weak stock performance and sector headwinds, while maintaining a significant position in the company.
The supply chain management software market is expected to grow at a CAGR of 4.20% from 2023 to 2031, driven by the increasing demand for transparency, efficiency, and cost-cutting in supply chains. The market is progressing due to the integration of technologies like ML and AI, the growing adoption of cloud-based solutions, and the emphasis on s...
Descartes' (DSGX) electronic proof of delivery (ePOD) software is being deployed by United Kingdom-based merchant Scott Parnell to boost sustainability and customer experience.
The logistics network platform is growing in importance amid the supply chain complexity. Find out why Descartes will likely demonstrate strong growth from here.
