Descartes Systems Group Full Year 2024 Earnings: In Line With Expectations
Descartes Systems Group (TSE:DSG) Full Year 2024 Results
Key Financial Results
Revenue: US$572.9m (up 18% from FY 2023).
Net income: US$115.9m (up 13% from FY 2023).
Profit margin: 20% (in line with FY 2023).
EPS: US$1.36 (up from US$1.21 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Descartes Systems Group Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are up 2.7% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Descartes Systems Group's balance sheet and an in-depth analysis of the company's financial position.
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