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by Chris Chiappinelli, MA Editorial Staff
Posted on Friday, December 02, 2005 5:50:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The provider of on-demand delivery management software finds Q3 earnings a far cry from year-ago losses; reports continual improvement across key metrics.
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One step at a time, Waterloo, Ontario-based Descartes Systems Group Inc. is coming ever closer to leaving the past behind. In a conference call Thursday to announce its results for the fiscal third quarter that ended October 31, Descartes executives stressed the past year's significant gains and projected a healthy outlook for the quarters ahead. Across a number of measures, the provider of on-demand delivery management software has shown continual improvement over the course of the current fiscal year. For example, Descartes' fiscal third-quarter revenues edged up to $11.5 million from $11 million in the like period last year. While Descartes' profits decreased compared to the previous quarter -- from $900,000 to $600,000 -- the total was still a welcome contrast to the year-prior period, when Descartes posted a $2.7 million loss. [Click to continue] |
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