DSGX - The Descartes Systems Group Inc. (DSGX) Q1 2025 Earnings Call Transcript

2024-05-29 21:25:24 ET

The Descartes Systems Group Inc. (DSGX)

Q1 2025 Earnings Conference Call

May 29, 2024 05:40 PM ET

Company Participants

Scott Pagan - President and COO

Ed Ryan - CEO

Allan Brett - CFO

Conference Call Participants

Justin Long - Stephens

Paul Treiber - RBC Capital Markets

Dylan Becker - William Blair

Daniel Chan - TD Cowen

Stephanie Price - CIBC

Steven Li - Raymond James

Kevin Krishnaratne - Scotiabank

Scott Group - Wolfe Research

Presentation

Operator

Good afternoon, ladies and gentlemen, and welcome to The Descartes Systems Group Quarterly Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Wednesday, May 29, 2024.

And I would now like to turn the conference over to Mr. Scott Pagan. Thank you. Please go ahead.

Scott Pagan

Thanks, and good afternoon, everyone. Joining me remotely on the call today are Ed Ryan, CEO; and Allan Brett, CFO. I trust that everyone has received a copy of our financial results press release that we issued earlier today.

Portions of today's call, other than historical performance, include statements of forward-looking information within the meaning of applicable securities laws. These statements are made under the safe harbor provisions of those laws. These forward-looking statements include statements related to our assessment of the current and future impact of geopolitical, trade, and economic uncertainty on our business and financial condition; Descartes' operating performance, financial results and condition; Descartes' gross margins and any growth in those gross margins; cash flow and use of cash; business outlook; baseline revenues; baseline operating expenses and baseline calibration; anticipated and potential revenue losses and gains; anticipated recognition and expensing of specific revenues and expenses; potential acquisitions and acquisition strategy; cost reduction and integration initiatives; and other matters that may constitute forward-looking statements.

These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Descartes to differ materially from the anticipated results, performance or achievements implied by such forward-looking statements. These factors are outlined in the press release and in the section entitled certain factors that may affect future results in documents filed and furnished with the SEC, the OSC and other securities commissions across Canada, including our management's discussion and analysis filed today.

We provide forward-looking statements solely for the purpose of providing information about management's current expectations and plans relating to the future. You're cautioned that such information may not be appropriate for other purposes. We don't undertake or accept any obligation or undertake to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions, assumptions or circumstances on which any such statement is based, except as required by law. ...

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