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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.
June CPI Encouraging, But Only A Single Data Point - Inflation Too Hot, Above Target Too Long - May Tighten Too Late If Looking Through Supply Sie - Labor Market Is In Balance, Growth Remains Resilient - Persistent, Broad-Based Inflation Is Concerning - Inflation Problem Is Not Only About Energy