Descartes (DSGX) ePOD Solution Deployed by Scott Parnell

From Nasdaq: 2024-06-19 09:26:00

Descartes Systems Group Inc. announced that Scott Parnell is using their ePOD software for supply and distribution, reducing paper usage and saving 600-1000 pieces per day. This has led to productivity gains equal to two full-time employees and improved customer experience. The app captures information in real-time, aiding better inventory management and invoicing integration with Scott Parnell’s ERP system.

In the last reported quarter, Descartes’ revenues were $151.3 million, surpassing estimates by 0.9%, with a 11% year-over-year growth. Acquisitions in fiscal 2024 positively impacted revenue growth. DSGX currently has a Zacks Rank #3, with shares gaining 21.1% in the past year, slightly below the sub-industry’s growth of 26.4%.

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