TSX:DSGSoftware
Descartes Systems Group (TSX:DSG) Stock Drifts Despite Record Margins And Cash Flow
Descartes Systems Group just posted record Q2 software results while the share price has drifted, with the stock down roughly 3% over the past week and 2% over the past month into today’s CA$105.32 close. Traders look cautious. The business just printed US$201.1m in quarterly revenue and US$50.0m in net income, plus a record adjusted EBITDA margin near 47%. That gap between soft recent returns and robust profitability is the sentiment story that now matters most.
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