tiprankstipranks
Descartes Systems Reports Strong FY24 Growth
Company Announcements

Descartes Systems Reports Strong FY24 Growth

The Descartes Systems Group Inc. (TSE:DSG) has released an update.

The Descartes Systems Group Inc. reported increased financial performance for FY24, with a notable 18% rise in revenues to $572.9 million and a 13% increase in net income to $115.9 million, compared to the previous fiscal year. Despite global trade challenges, the company saw a 10% growth in income from operations, signaling strong customer reliance on its Global Logistics Network. The firm also experienced an increase in earnings per share, up 14% to $1.34.

For further insights into TSE:DSG stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles