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topicnews · September 5, 2024

Descartes announces financial results for the second quarter of fiscal year 2025

Descartes announces financial results for the second quarter of fiscal year 2025

Record sales and operating profit

WATERLOO, Ontario and ATLANTA, September 4, 2024 (GLOBE NEWSWIRE) – Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for the second quarter of fiscal 2025 (Q2FY25). All financial results presented refer to the United States (US) currency and, unless otherwise stated, are prepared in accordance with U.S. generally accepted accounting principles (GAAP).

“Our global logistics network is designed to help shippers, carriers and logistics service providers navigate an increasingly complex global trade landscape,” said Edward J. Ryan, CEO of Descartes. “Supply chains and logistics operations continue to contend with a variety of factors, including military conflicts, disruptions to trade routes, government sanctions, economic impacts on transportation demand and significant changes in taxes and tariffs. We continue to invest to free our customers from this complexity by offering them a broader range of solutions to manage the entire lifecycle of shipments safely and efficiently.”