Descartes Q2 Revenue Jumps 12% to $201M, EPS Up 33%
DSGX sits 15% above its 52-week low of $62.555 on elevated volume (1.8× avg).
Summary
Descartes delivered record Q2FY27 results with revenue up 12% YoY to $201.1M and diluted EPS up 33% to $0.57. Operating cash flow surged 28% to $81.3M, and Adjusted EBITDA margin expanded to 47%. The quarter included the closing of two acquisitions—TAI for $99.3M and Extensiv for $119.9M—funded entirely from cash, which still grew to $401.1M. Management highlighted continued investment in the Global Logistics Network and an Innovation Forum next month. The company also repurchased $24.3M of shares under its NCIB. This follows a series of strategic acquisitions and a $1B shelf registration filed in July, reinforcing an aggressive consolidation strategy in logistics software.
At the time of this announcement, DSGX was trading at $72.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.1B. The 52-week trading range was $62.56 to $108.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.