Management from supply chain software-as-a-service provider Descartes said higher interest rates and inflation as well as the war in Ukraine have forced it to “remain cautious” on the near term. However, its retail customers are telling them shipment volumes are likely to increase as the year progresses.
The Canada-based company reported earnings of 34 cents per share for the 2023 fiscal fourth quarter ended Jan. 31, which was 12 cents higher year over year (y/y).
Revenue increased 11% y/y to...