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Oracle board member Stephen Rusckowski bought 25,000 shares on Sept. 29 in his first open-market purchase since joining the board. The Form 4 filed with the SEC shows the shares were bought for roughly $3.5 million.
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.