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  5. DSG: Could you comment on Q3 release. [Descartes Systems Group Inc. (The)]
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Q: Could you comment on Q3 release. Anything stand out here to explain the higher stock price?
Asked by Harry on December 04, 2024
5i Research Answer:

Revenue was $168.8M, up 17% and ahead of estimates of $164.9M. EPS was 42c, up from 31c and beating estimates of 41c. EBITDA of $72.1M rise 14% and slightly beat estimates. We have seen three broker target price upgrades already today. Cash is $181M. Nothing really standing out here, just reliable execution as usual.