11:38 AM EST - Descartes Systems Group Inc. : reported first-quarter net income of $2.21 million U.S. or $0.04 U.S. per share, compared to $1.05 million U.S. or $0.02 U.S. per share in the same quarter of last year. Adjusted net income for the quarter was $4.7 million U.S., up 24 per cent from $3.8 million U.S. in the year-ago quarter. Adjusted net income for the quarter was $0.09 U.S. per share, up from $0.07 U.S. per share in the year-ago quarter. Revenues for the quarter were $17.4 million U.S., up seven per cent from $16.3 million U.S. in the first quarter of last fiscal year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.07 U.S. per share on revenues of $16.21 million U.S. Analysts' estimates typically exclude special items. Descartes Systems Group Inc.
shares T.DSG are trading up $0.32 at $4.22.
