Healthy 1st Quarter for Descartes

Posted Jun 2, 2010 08:58:38 AM.

This article is more than 5 years old.

Waterloo-based Descartes Systems Group has released a healthy first quarter financial report.

The federated global logistics network this morning announced revenues were up 22% from the same period last year and 13% from the previous quarter.

Revenues topped 21.3-million-dollars this past quarter.

Adjusted net income also rose, up 13% to 5.3-million-dollars.

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