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Descartes Systems Group Inc (DSG.TO)

DSG.TO on Toronto Stock Exchange

54.81CAD
21 May 2019
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Latest Key Developments (Source: Significant Developments)

Descartes Systems Group Acquires CORE Transport Technologies
Monday, 13 May 2019 

May 13 (Reuters) - Descartes Systems Group Inc ::DESCARTES ACQUIRES CORE TRANSPORT TECHNOLOGIES.DESCARTES SYSTEMS GROUP INC - DEAL FOR $US 21.0 MILLION.DESCARTES SYSTEMS GROUP - ANY EARN-OUT FROM DEAL IS EXPECTED TO BE PAID IN FISCAL 2021 AND FISCAL 2022.DESCARTES SYSTEMS GROUP - MAXIMUM AMOUNT PAYABLE UNDER ALL-CASH PERFORMANCE-BASED EARN-OUT IS $US 9.0 MILLION.DESCARTES SYSTEMS GROUP INC - UP-FRONT CONSIDERATION WAS SATISFIED WITH CASH FROM DESCARTES' EXISTING ACQUISITION LINE OF CREDIT..DESCARTES SYSTEMS GROUP INC - DEAL ALSO INCLUDES POTENTIAL PERFORMANCE-BASED CONSIDERATION.  Full Article

Descartes To Acquire Visual Compliance For About $250 Mln
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Descartes Systems Group Inc ::DESCARTES TO ACQUIRE VISUAL COMPLIANCE / ECUSTOMS BUSINESS.DESCARTES SYSTEMS GROUP INC - DEAL FOR APPROXIMATELY CAD $330 MILLION (APPROXIMATELY US $250 MILLION).DESCARTES SYSTEMS GROUP INC - TRANSACTION IS STRUCTURED AS A COMBINATION OF ASSET AND SHARE PURCHASES..DESCARTES SYSTEMS GROUP INC - HAS AGREED TO ACQUIRE VISUAL COMPLIANCE FOR ABOUT C$330 MILLION, INCLUDING WORKING CAPITAL ACQUIRED.DESCARTES SYSTEMS GROUP INC - WILL PARTIALLY SATISFY PURCHASE PRICE BY ISSUING APPROXIMATELY CAD $12 MILLION (APPROXIMATELY US $9 MILLION) IN COMMON SHARES.DESCARTES SYSTEMS GROUP INC - BALANCE OF PURCHASE PRICE (APPROXIMATELY CAD $318 MILLION OR APPROXIMATELY US $241 MILLION) WILL BE SATISFIED IN CASH.DESCARTES SYSTEMS GROUP INC - DESCARTES HAS AMENDED AND INCREASED ITS EXISTING US $150 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY.DESCARTES SYSTEMS GROUP INC - SIGNED A DEFINITIVE AGREEMENT TO ACQUIRE BUSINESSES RUN BY MANAGEMENT SYSTEMS RESOURCES INC. GROUP OF COMPANIES.  Full Article

Descartes Announces Fiscal 2019 Third Quarter Results
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Descartes Systems Group Inc ::DESCARTES ANNOUNCES FISCAL 2019 THIRD QUARTER FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.10.Q3 REVENUE $70 MILLION VERSUS REFINITIV IBES ESTIMATE OF $69.7 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.12 -- REFINITIV IBES DATA.  Full Article

Descartes Reports Q2 Earnings Per Share $0.11
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Descartes Systems Group Inc ::DESCARTES REPORTS FISCAL 2019 SECOND QUARTER FINANCIAL RESULTS.Q2 REVENUE $67.1 MILLION VERSUS I/B/E/S VIEW $67.7 MILLION.Q2 EARNINGS PER SHARE $0.11.Q2 EARNINGS PER SHARE VIEW $0.10 -- THOMSON REUTERS I/B/E/S.  Full Article

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Amazon's nascent freight service has a truckload of rivals

LOS ANGELES As Amazon.com Inc targets traditional brokerages that match shippers with truckers, it's also battling a bevy of startups - including Uber Freight and a company funded by the e-commerce giant's founder Jeff Bezos.