Bullboard - Stock Discussion Forum Descartes Systems Group Inc T.DSG

Alternate Symbol(s): DSGX

The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the security and sustainability of logistics-intensive businesses. The Company allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources;... see more

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TSX:DSG - Post Discussion

Descartes Systems Group Inc > Another Earnings Assessment

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Post by retiredcf on Dec 07, 2020 10:07am

Another Earnings Assessment

While the SP initially responded favourably to the recnet earnings, it has now fallen back to nicley below where it was prior to the release. Based on this assessment (which is similar to many of the other recent upgrades) this makes no sense. As a long term investor, I was pleased to add more this morning. GLTA

DSG revenue was $87.5M, up from $83M last year. EBITDA rose 16% YOY. EPS of 16 cents was 14% ahead of estimates; revenue was 2% and EBITDA was 5% better than estimates. EBITDA margins (always important) rose 4 points and CF rose 20%. We would consider this to be a strong quarter.

So said 5iResearch.

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