Descartes Systems shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Scotiabank raised its price target on the stock from $95 to $98.

Trailer Telematics Market to Grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030, at a CAGR of 10.5% — MarketsandMarkets™

The global trailer telematics market is projected to grow at a CAGR of 10.5% from 2024 to 2030, driven by demand for efficient fleet management, regulatory compliance, and cold-chain logistics. The Americas region leads the market, while Asia Pacific shows the fastest growth at 11.8% CAGR. Key players include CalAmp, Descartes Systems Group, Qualcomm, Omnitracs, and others offering GPS tracking, temperature monitoring, and predictive maintenance solutions.

BMO Capital Maintains Market Perform on Descartes Systems Group, Raises Price Target to $90

Scotiabank Maintains Sector Outperform on Descartes Systems Group, Raises Price Target to $98

Scotiabank analyst Kevin Krishnaratne maintains Descartes Systems Group (NASDAQ:DSGX) with a Sector Outperform and raises the price target from $95 to $98.

Full Transcript: Descartes Systems Gr Q2 2027 Earnings Call

Descartes Systems Gr (NASDAQ:DSGX) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive

Descartes Systems Gr Q2 EPS $0.57 Beats $0.55 Estimate, Sales $201.108M Beat $199.505M Estimate

Descartes Systems Gr (NASDAQ:DSGX) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.55 by 3.64 percent. This is a 32.56 percent increase over earnings of $0.43 per share

Deal Dispatch: Nvidia Buys Hugging Face for $12.9 Billion, Barilla Acquires Goodles, Park Place Partners Bankruptcy

Major M&A deals include Flex buys EPC Power for $4.4 Billion, KKR acquires A1 Garage Door, Starman Optical Buys GoPro.