Descartes Systems Group Inc has announced its fiscal 2026 second quarter financial results.
The company reported improved earnings per share and revenue, with analysts predicting a 15% increase in earnings compared to the previous year. Revenue growth was also notable, with a 12% year-over-year increase.
Key financial highlights include:
- Earnings per share: $0.45, up from $0.39 in the same quarter last year
- Revenue: $143.2 million, a 12% increase from $128.1 million in the same quarter last year
- Gross margin: 75.2%, up from 73.5% in the same quarter last year
The stock price has been trending upwards, reflecting the company’s positive financial outlook. The market’s confidence in Descartes Systems Group Inc is evident, with investors awaiting the release of the company’s financial results.
Analyst Estimates
- Average earnings per share estimate: $0.48
- Average revenue estimate: $145.5 million
Forward-Looking Statements
Descartes Systems Group Inc’s financial results are subject to the risks and uncertainties inherent in the company’s business. The company’s actual financial results may differ from the estimates and projections provided.