Descartes Systems Group Inc. (DSGX) on Wednesday reported first-quarter results, with profit increasing from last year, driven by revenue growth.
Net income for the quarter climbed to $48.5 million, or $0.55 per share, from $36.2 million, or $0.41 per share, in the prior-year quarter.
Revenue increased to $193.6 million from $168.7 million a year earlier. Services revenue, which accounted for 93% of total revenue, rose 15.3% to $180.5 million.
Gross margin improved to 78% from 76%.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.