Latest news with #DescartesSystems
Associated Press
5 days ago
- Business
- Associated Press
Descartes MacroPoint™ FraudGuard 2.0 Provides Transportation Industry with Next-Generation Solution for Freight Fraud Defense
ATLANTA, July 07, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes MacroPoint™ FraudGuard 2.0, the latest advancement in freight fraud technology designed to help shippers, freight brokers, and third-party logistics providers (3PL) safeguard their business against increasingly sophisticated fraud and cargo theft schemes. With new capabilities for pre-tender, pre-pickup and in-transit shipments, companies can maintain a high-performing, compliant carrier network, enhance the reliability of critical decision-making insights, and better detect and mitigate potential identity fraud or double brokering to avoid insurance, liability, and reputational risks. 'The new FraudGuard release has fundamentally elevated our operational confidence,' said Tore Giannone, Director of Operations, Circle Logistics. 'Its automated alerts and comprehensive insights have not only reduced the manual workload but also enabled us to proactively identify and prevent a range of fraud attempts. By making smarter, earlier decisions at the carrier level, we've strengthened network reliability and improved tracking compliance—ultimately safeguarding our customers' cargo with greater precision.' Descartes MacroPoint FraudGuard 2.0 significantly expands freight visibility and protection through powerful historical and real-time Descartes MacroPoint visibility data, automated in-transit monitoring, and real-time risk alerting. Companies can confidently evaluate carrier and driver legitimacy without delaying load coverage through detailed search insights from Descartes MacroPoint's unmatched database of freight tracking history. In addition, the solution automatically monitors shipments for risk signals across 16 critical in-transit data alerts to proactively notify users of potential fraud, double brokering, and suspicious activity, which provides greater protection for customers. 'Descartes MacroPoint FraudGuard 2.0 brings next-level freight visibility and control to our customers with new alerts and lookup tools that help companies better protect their shipments, reputation and bottom line,' said Robert Derin, Director of Product at Descartes. ' By improving compliance through enhanced security measures, the solution helps shippers, brokers, and 3PLs strengthen their service differentiation, dramatically reduce fraud-related losses and lessen the financial impact of resolving incidents.' Key Descartes MacroPoint FraudGuard 2.0 features include: Learn more about Descartes MacroPoint FraudGuard 2.0 and Descartes' Transportation Management solutions. About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at and connect with us on LinkedIn and Twitter. Global Media Contact Cara Strohack Tel: 226-750-8050 [email protected] Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking information within the meaning of applicable securities laws ('forward-looking statements') that relate to Descartes' transportation management solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, 'Certain Factors That May Affect Future Results' in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes' most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Yahoo
21-06-2025
- Business
- Yahoo
Descartes Systems acquires PackageRoute for $2M
Descartes Systems (DSGX) announced that it has acquired PackageRoute, a provider of final-mile carrier solutions that offers a mobile and web-based platform that provides real-time visibility into package deliveries, route optimization, and fleet management. 'PackageRoute works primarily with subcontracted delivery service providers working as agents for larger carriers. We believe PackageRoute customers can get substantial value from our integrated Descartes GroundCloud routing, safety and compliance solutions,' said James Wee, General Manager of Routing, Mobile and Telematics at Descartes. PackageRoute is headquartered in Sammamish, WA. Descartes acquired PackageRoute for approximately $2M, satisfied from cash on hand, the company noted. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on DSGX: Disclaimer & DisclosureReport an Issue Descartes Systems Group Announces Shareholder Meeting Results Descartes Systems Group Reports Strong Shareholder Support at Annual Meeting Descartes Systems Group Reports Strong Q1 Earnings Descartes Systems price target lowered to $126 from $130 at RBC Capital Balanced Hold Rating for Descartes Systems Group Amid Revenue Miss and High Valuation Concerns
Yahoo
12-06-2025
- Business
- Yahoo
Where I'd Find Value in Canadian Stocks for My Long-Term Holdings
Written by Puja Tayal at The Motley Fool Canada Spending time in the market can generate wealth if invested in the right stocks. But how to find stocks that can thrive in the long term? Investing in stocks is investing in a business, and businesses have ups and downs. If you put yourself in the business owner's shoes and see the economic, political, regulatory, and industrial environment and the management's approach, you can get a fair idea of which business will be the wealth generator. A business is as good as its management. If they are distorted from reality, then it is a stock to steer clear of. However, management that accepts the headwinds, cuts outlook if needed, and makes difficult choices to sustain in crisis could provide value in the long term. One such example is Bombardier (TSX:BBD.B). Its management made some difficult choices of downsizing from several businesses of passenger planes and trains to just business jets. Four years of focused efforts in business jets and aftermarket services pulled the company from a turnaround stock to a growth stock, and if things go as planned, even a dividend stock in the future. Before the first-quarter earnings, Bombardier CEO Eric Martel expressed concerns about tariff wars affecting jet deliveries and refused to give guidance until there was clarity. Once the United States imposed tariffs on Canada in March and Bombardier's products were exempted from tariffs, the company gave strong guidance. In its 2025 guidance, Bombardier's focus is on improving profitability. It expects revenue to grow by 6.7% and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 14%. It also expects its free cash flow to more than double to US$500 million in the lower range of its guidance. Particulars 2024 Results (US$) 2025 Guidance (US$) Aircraft deliveries (in units) 146 >150 Revenues $8.67 billion >$9.25 billion Adjusted EBITDA $1.36 billion >$1.55 billion Free cash flow $232 million $500 million – $800 million The business jet maker looks to derive value from its business jets by modifying them for defence and selling pre-owned aircraft. It has already monetized the maintenance and aftermarket service of its business jets in the air and will look for targeted acquisitions to expand this business. The management's strong execution of its plans makes it a value stock even at a $100 share price if you hold it for the long term. The last five-year turnaround drove the stock price up 700%. The next five years could give strong double-digit growth and even marginal dividends. Descartes Systems (TSX::DSG) share price fell by 13% after the company released its first-quarter earnings. While the company reported strong double-digit revenue and adjusted EBITDA growth of 12% year over year, it gave a word of caution by announcing cost-reduction initiatives. Why would a company with a 45% adjusted EBITDA margin and a net cash position of $176.4 million (equivalent to its quarterly revenue) reduce costs? Descartes earns 67% of its revenue from the United States. Many of its customers are facing economic and global trade uncertainty, hinting at a slowdown or decline in revenue in the coming months as tariffs reduce trade activity. The company is slashing its workforce by 7% and expects operating cash flow to reduce in the second quarter as it undertakes restructuring. Descartes is taking these steps to preserve its profit margins. However, it is well positioned to tap the recovery in trade activity once the tariff war eases. Even if the tariffs bring structural changes in the supply chain, Descartes's solutions can help companies adapt to the change. The June dip has made Descartes a value stock to buy, and its secular growth has made it a stock to hold for the long term. The post Where I'd Find Value in Canadian Stocks for My Long-Term Holdings appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Descartes Systems Group. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Business
- Yahoo
Descartes Systems (DSGX) Lags Q1 Earnings and Revenue Estimates
Descartes Systems (DSGX) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.87%. A quarter ago, it was expected that this logistics provider would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Descartes Systems , which belongs to the Zacks Computer - Software industry, posted revenues of $168.74 million for the quarter ended April 2025, missing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $151.35 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Descartes Systems shares have added about 1.3% since the beginning of the year versus the S&P 500's gain of 1.5%. While Descartes Systems has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Descartes Systems: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.50 on $178.9 million in revenues for the coming quarter and $1.94 on $718.5 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Software is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Adobe Systems (ADBE), another stock in the same industry, has yet to report results for the quarter ended May 2025. The results are expected to be released on June 12. This software maker is expected to post quarterly earnings of $4.96 per share in its upcoming report, which represents a year-over-year change of +10.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Adobe Systems' revenues are expected to be $5.79 billion, up 9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
