Descartes Systems beat Investing.com’s Q2 earnings per share and revenue forecasts

Descartes Systems published its reports for the second quarter, which was higher than expected and revenues that exceeded the estimates of the analysts.

The company posted earnings per share of $0.356 and revenue of $162.2M. Investing.com analysts expected earnings per share of $0.345 and revenue of $150.46M. .

The share price of Descartes Systems has fallen by about 13% since the beginning of the year, the price is still about 21.15% lower than its peak in the last 52 weeks which was $115.20 and was set on November 18, 2021.

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