Descartes Systems (DSGX)

• Market cap: $7B
• 1 day: 2%
• 5 days: -2.29%
• 1 month: -16.31%
• 3 months: -17.74%
• 6 months: -28.19%
• Year to date: -28.21%
• 1 year: -28.73%
• 5 years: 41.78%
• 10 years: 313.18%
• 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