Descartes Systems Q4 Financial Results and Operating Activities

Thursday, 7 March 2024, 05:59

Descartes Systems has released their Q4 financial results, reporting a GAAP EPS of $0.37, in line with estimates. The revenue of $148.2M shows an 18.5% year-over-year increase, surpassing expectations by $1.74M. Additionally, operating activities saw a notable $50.8 million in cash provided. Overall, Descartes Systems continues to demonstrate solid financial performance in Q4.
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Descartes Systems Q4 Financial Results and Operating Activities

Descartes Systems Q4 Financial Results

Descartes Systems press release (DSGX): Q4 GAAP EPS of $0.37 in-line.

Revenue of $148.2M (+18.5% Y/Y) beats by $1.74M.

Operating Activities Highlights

  • Cash provided by operating activities of $50.8 million
  • Consistent performance in financial operations

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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