Descartes Systems reports Q2 EPS 43c, consensus 51c

Reports Q2 revenue $179.8M, consensus $176.3M. “Our business performed consistent with our plans in Q2FY26, despite very challenging market conditions for global trade,” said Edward Ryan, Descartes’ CEO. “Our customers continue to face uncertainty in the costs of sourcing and moving goods across borders. This has also impacted their ability to make pricing and investment decisions in an uncertain economic environment. For our customers, Descartes is a trusted provider to help them deal with the complexity of changes in trade relationships, tariffs, sanctions and modes of transportation. Descartes’ Global Logistics Network of technology and connected parties continues to be relied on by shippers, carriers, and logistics services providers to keep goods moving.”