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Descartes Systems Group (DSGX) partners with Wren Kitchens to optimize surveyor productivity, leading to 56% more customer appointments and £2 million in annual savings. The use of Descartes' dynamic appointment scheduling and route planning solution has significantly reduced the 'cost per appointment' for Wren Kitchens.
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End-of-Day
-0.24%
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Descartes Systems Group partners with MSC Air Cargo to enhance air freight management using Descartes Air Messaging™ solution. The solution streamlines communication between stakeholders in the air cargo supply chain, improving efficiency and reliability.
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End-of-Day
0.72%
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Descartes Systems Group Inc. (DSGX) reports record revenues and income from operations for fiscal year 2024, with revenues of $572.9 million, up 18% from the previous year. The company's CEO highlighted the impact of global trade disruptions on their Global Logistics Network. Financial highlights include a 20% increase in services revenues, cash provided by operating activities of $207.7 million, income from operations of $142.8 million, and adjusted EBITDA of $247.5 million.
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4.89%
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Descartes Systems Group (DSGX) helped Ecotape, an Argentine auto parts manufacturer, increase international sales by 30% in 2023 using Descartes Datamyne™. The global trade intelligence solution provided by Descartes enabled Ecotape to identify potential buyers and expand its market reach, leading to significant revenue growth and product diversification.
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End-of-Day
-1.57%
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Descartes Systems Group (Nasdaq:DSGX) has announced that Arctic Glacier has improved its distribution network efficiency, fleet performance, and customer experience using Descartes’ strategic route planning solution. The solution optimized ice distribution from over 100 facilities and 1,000 vehicles to 75,000 customer locations across the U.S. and Canada, resulting in cost savings and increased delivery productivity. The strategic route planning solution is designed to optimize distribution networks, allowing fleet operators to understand and optimize delivery and customer service policies changes, acquisition consolidation strategies, and other distribution network business decisions.
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0.14%
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Descartes Systems Group (DSGX) is set to release its fiscal 2024 fourth-quarter and year-end financial results on March 6, 2024. The company will hold a conference call to discuss the results, and an audio webcast will be available on their website. Replays of the conference call and webcast will also be accessible for a limited time.
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-1.06%
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Descartes Systems Group (DSGX) released findings from its study indicating that 76% of supply chain and logistics leaders are experiencing notable workforce shortages, with 37% characterizing the shortage as high to extreme. The transportation and warehouse operations are the most affected, with 61% and 56% reporting resource shortages, respectively. The study also shows that knowledge workers are the hardest to hire, impacting business performance and customer service levels. The impact of workforce shortages varies by financial performance, growth, and employee retention programs.
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-1.18%
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Descartes Systems Group (DSGX) announced that PBO Logistics has significantly expanded its business with the help of Descartes’ last mile delivery solution, allowing them to plan and execute over five-fold the volume of monthly deliveries. This expansion was crucial in winning a major new contract and achieving the goal of delivering on-time around 60,000 boxes monthly across the U.K. without increasing headcount.
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-0.76%
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Descartes Systems Group (DSGX) has helped U.K.-based ecommerce brand AYBL revolutionize its warehouse and fulfillment capabilities by implementing Descartes’ ecommerce warehouse management system (WMS). AYBL has doubled its fulfillment capacity with existing staff, reaching the capability to fulfill over 70,000 orders a day during peak season. The solution has significantly improved picking efficiency and accuracy, allowing AYBL to scale its operations while maintaining a remarkable customer experience.
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0.99%
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Descartes Systems Group Inc. (DSG) reported record revenues of $144.7 million in Q3FY24, a 19% increase from Q3FY23. The company's services revenues were up 18% from Q3FY23, and it achieved a cash position of $279.6 million at the end of Q3FY24. However, income from operations and net income decreased from Q3FY23, negatively impacted by an increase in other charges. Adjusted EBITDA increased by 17% from Q3FY23, but the percentage of revenues decreased. Year-to-date financial results showed a consistent growth in revenues, cash provided by operating activities, income from operations, net income, and earnings per diluted share.
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Rhea-AI Sentiment
End-of-Day
0.65%
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The Descartes Systems Group Inc.
Nasdaq:DSGX
DSGX Rankings
DSGX Stock Data
7.88B
84.83M
0.02%
87.6%
0.59%
Software Publishers
Information
United States of America
Waterloo
About DSGX
descartes (tsx:dsg) (nasdaq:dsgx) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. descartes has over 220,000 connected parties using its cloud-based services. customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. our headquarters are in waterloo, ontario, canada and we have offices and partners around the world. learn more at www.descartes.com.