Descartes profit climbs

Delivery Models

Friday, September 16, 2011

Descartes Systems Group had second quarter net profit of $2.6 million, 30 percent more than the $2 million earned in the same period a year earlier. Revenue was $28.8 million in the quarter ending July 31, up 14 percent from $25.2 million in the second quarter last year. The Waterloo, Ontario-based logistics platform company acquired Telargo in June, a provider of telematics services that help customers monitor and manage trucks and other mobile assets and help fleet ...

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