{
  "id": 6659258,
  "title": "Descartes reports another record-breaking quarter",
  "url": "https://urgent.news/2026/09/10/descartes-reports-another-record-breaking-quarter",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-10T23:05:16.000Z",
  "source": {
    "name": "FreightWaves",
    "slug": "freightwaves",
    "url": "https://www.freightwaves.com/news/descartes-reports-another-record-breaking-quarter"
  },
  "original_language": "en",
  "account": "Descartes Systems Group reported another record-breaking quarter, with consolidated revenue rising 12% year-over-year to $201 million in its fiscal quarter ending July 31. Services revenue grew 13% y/y to $189 million, driven by a 9% organic growth. Earnings per share increased 14 cents year-over-year to 57 cents, just above analysts' unadjusted estimate. Adjusted EBITDA rose 18% y/y to $94.4 million, with a margin of 46.9%. CEO Ed Ryan emphasized the need for agile supply chains and logistics in a dynamic global trade environment. The company generated $81 million in cash flow from operations, up 28% y/y, and ended the quarter with $401 million in cash, a $24 million increase. Descartes has no debt and an available $350 million line of credit. The company used $220 million to fund acquisitions of Extensiv and Tai, and announced a share repurchase plan to buy back up to 10% of its public float. Management indicated they would take on up to 3 times annual EBITDA leverage for more significant deals. DSGX shares rose 1.7% in after-hours trading.",
  "summary": "Descartes Systems Group reported another record-breaking quarter as the global trade environment continues to evolve. The post Descartes reports another record-breaking quarter appeared first on FreightWaves .",
  "key_points": [
    "Descartes Systems Group reported a 12% year-over-year revenue increase to $201 million.",
    "Services revenue grew 13% y/y to $189 million, fueled by 9% organic growth.",
    "Adjusted EBITDA rose 18% y/y to $94.4 million, with a 46.9% margin."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Descartes reports another record-breaking quarter",
        "url": "https://urgent.news/2026/09/10/descartes-reports-another-record-breaking-quarter-6853945",
        "published": "2026-09-10T23:05:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}