Descartes Announces Fiscal 2020 First Quarter Results
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Descartes (DSGX) PT Raised to $43 at BMO Capital
May 30, 2019 7:40 AM EDTBMO Capital analyst Thanos Moschopoulos raised the price target on Descartes (NASDAQ: DSGX) to $43.00 (from $37.00) while maintaining a Market Perform rating.
Better Margins
... MoreDescartes Systems Group (DSGX) Misses Q1 EPS by 4c, Slight Beat on Revenues
May 29, 2019 4:02 PM EDTDescartes Systems Group (NASDAQ: DSGX) reported Q1 EPS of $0.09, $0.04 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $78 million versus the consensus estimate of $77.89 million.
As described in more detail below, key financial highlights for Descartes Q1FY20 included:
Revenues of $78.0 million, up 16% from $67.0 million in the first quarter of fiscal 2019 (Q1FY19) and up 10% from $71.0 million in the previous quarter (Q4FY19);Revenues were comprised of services revenues of $67.0 million (86% of total revenues), professional... More