Supply chain software provider Descartes again reported record quarterly results, noting it is “picking up a bunch of business from competitors.”
Descartes (NASDAQ: DSGX) reported consolidated revenue of $148.2 million, a 19% year-over-year (y/y) increase, for its 2024 fiscal fourth quarter ended Jan. 31. Services revenue was up 20% to $135.7 million. The period benefitted from prior acquisitions of final-mile solutions providers GroundCloud and Localz. Excluding the impact of those deals as...