DSGX Stock Recent News

WATERLOO, Ontario, June 13, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (the “Corporation”) announced the voting results from its annual meeting of shareholders held on Thursday, June 13, 2024 (the “Meeting”).

Descartes (DSGX) is looking to integrate BoxTop solutions with its Global Logistics Network platform. The acquisition of BoxTop will aid Descartes in expanding its footprint in Europe.

ATLANTA and AMERSFOORT, The Netherlands, June 11, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released the results of its 8 th Annual Global Transportation Management Benchmark Survey of over 630 companies. The study shows that 40% of the shippers and logistics services providers (LSP) surveyed are planning to invest in transportation technology to prepare for industry and regulatory changes. For top financially performing companies where senior leadership view transportation as a competitive weapon, this number rose to 44% compared to 32% for poorer financial performers.

Strengthens Shipment Management Capabilities for Logistics Services Providers WATERLOO, Ontario and ATLANTA, June 11, 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 BoxTop Technologies Limited (“BoxTop”), a leading provider of shipment management solutions for small- to mid-sized logistics services providers (“LSPs”). Based in the UK, BoxTop helps LSPs digitize their operations and connect to the wider logistics community to manage the lifecycle of shipments.

Descartes' (DSGX) Aljex TMS platform and MacroPoint solution are leveraged by Yellow Diamond Logistics to attain significant improvement in on-time delivery performance.

ATLANTA and LONDON, June 04, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Yellow Diamond Logistics, a leading Transportation Security Administration (TSA)-certified third-party logistics (3PL) company, is using Descartes technology for transportation management, real-time freight visibility and AI-driven capacity sourcing. By using the Descartes Aljex™ transportation management system (TMS), seamlessly integrated with Descartes MacroPoint™, Yellow Diamond Logistics is achieving 99% on-time delivery performance as it scales transportation operations to drive growth.

Descartes Systems (DSGX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Descartes (DSGX) registers 11% top-line expansion year over year in fiscal first-quarter, driven by strategic acquisitions and a solid customer portfolio.

The Descartes Systems Group Inc. (NASDAQ:DSGX ) Q1 2025 Earnings Conference Call May 29, 2024 5:40 PM ET Company Participants Scott Pagan - President and COO Ed Ryan - CEO Allan Brett - CFO Conference Call Participants Justin Long - Stephens Paul Treiber - RBC Capital Markets Dylan Becker - William Blair Daniel Chan - TD Cowen Stephanie Price - CIBC Steven Li - Raymond James Kevin Krishnaratne - Scotiabank Scott Group - Wolfe Research Operator Good afternoon, ladies and gentlemen, and welcome to The Descartes Systems Group Quarterly Results Conference Call. At this time, all lines are in listen-only mode.

Descartes Systems (DSGX) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.34 per share a year ago.