Descartes reports record Q2 revenue and net income
The company said Q2 revenue grew 12%, net income rose 32% and cash flow was robust, citing demand for trade intelligence, e-commerce and AI-powered logistics solutions.
Record Q2 results included 12% revenue growth and 32% higher net income, alongside robust cash flow. The company said demand for trade intelligence, e-commerce and AI-powered logistics solutions helped drive the results. Descartes also pointed to recent acquisitions and ongoing AI investments, saying they position the business for continued growth.