Descartes Announces Record License and Network Revenue in First Quarter.

Business Wire › May 24, 2000

Linked as:

Extract

Descartes Announces Record License and Network Revenue in First Quarter.

Business Editors, High-Tech Writers

WATERLOO, Ontario--(BUSINESS WIRE)--May 24, 2000

License and Network Revenue Increases 138% to

$8.8 Million, Total Revenue Reaches $13.6 Million

The Descartes Systems Group Inc. (Nasdaq:DSGX), (TSE:DSG), a leading provider of Internet logistics solutions, announced today its Fiscal 2001 first quarter results (Q1 FY01) for the period ended April 30, 2000.

All dollar amounts are expressed in US currency and are reported in accordance with United States generally accepted accounting principles (US GAAP).

License and network revenue increased to $8.8 million in Q1 FY01, up 138% from $3.7 million in the fir...

See the full content of this document