Descartes Systems (DSGX)

• Market cap: $7.25B
• 1 day: 0.58%
• 5 days: -4.87%
• 1 month: -11.28%
• 3 months: -17.67%
• 6 months: -21.5%
• Year to date: -25.67%
• 1 year: -25.57%
• 5 years: 50.91%
• 10 years: 348.25%
• Sector: Technology
• Industry: Software - Application

About: Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

Employees: 2,524