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.
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Descartes Systems reports record quarterly revenue and EBITDA
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.