Descartes posts record $201.1M quarter, up 12%
Logistics software vendor Descartes Systems Group reported fiscal Q2 2027 revenue of $201.1M, up 12%, with net income up 32% to $50.0M.
Logistics software vendor Descartes Systems Group reported fiscal Q2 2027 revenue of $201.1M, up 12%, with net income up 32% to $50.0M. (SEC (Descartes Form 6-K, Ex. 99.1); Finviz (press release))
Adjusted EBITDA rose 18% to $94.4M. Since the quarter ended, Descartes has closed acquisitions of TAI for about $99.3M and Extensiv for about $119.9M. It gave no formal guidance. (SEC (Descartes Form 6-K, Ex. 99.1); Finviz (press release))