DESCARTES POSTS 3RD-QUARTER PROFIT
Descartes Systems Group, a logistics solutions provider based in Waterloo, Ontario, has reported third-quarter fiscal year revenues of $17.4 million and a net profit, before acquisition-related charges for the quarter, of $733,000.
The company also announced two new clients: Katalyx, a division of Telefonica S.A., and Sprint North Supply, a division of Sprint Corp., have selected Descartes’s DeliveryNet Technology to integate supplier, carriers and customers.