The 2020 Mid-Year Economic Update_long

Descartes Fiscal 2020 Sales Up 18%

For the fourth quarter, sales were $84.2 million, a 19% increase year-over-year.
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Descartes Systems Group (NASDAQ: DSGX) (TSX: DSG), Waterloo, Ontario, reported sales for fiscal 2020 of $325.8 million, an 18% increase over the same period a year ago. Profit increased 18.2% to $37 million.

For the fourth quarter, sales were $84.2 million, a 19% increase year-over-year. Profit increased 44% to $11.4 million.

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