Descartes' Strong Quarter Masks Underlying Industry Risks Descartes Systems Group's (DSGX) record breaking Q2 results have sent shockwaves through the market, with analysts predicting a 30% upside for the company.
The numbers are impressive: $201 million in quarterly revenue, a 12% year over year increase, and income from operations up 36%.
However, this growth is largely due to strategic acquisitions, which have become a key component of Descartes' growth strategy.