Descartes Systems (DSGX)

• Market cap: $6.47B
• 1 day: -3.14%
• 5 days: -1.57%
• 1 month: 3.91%
• 3 months: 5.48%
• 6 months: -18.64%
• Year to date: -11.36%
• 1 year: -25.73%
• 5 years: 16.74%
• 10 years: 262.79%
• 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: 2,403