2024-03-06 23:46:03 ET
The Descartes Systems Group Inc. (DSGX)
Q4 2024 Earnings Conference Call
March 6, 2024 05:30 PM ET
Company Participants
Scott Pagan - President and COO
Ed Ryan - CEO
Allan Brett - CFO
Conference Call Participants
Justin Long - Stephens
Willow Miller - William Blair
Paul Treiber - RBC Capital Markets
Daniel Chan - TD Cowen
Andy Nguyen - Raymond James
Robert Young - Canaccord
Scott Group - Wolfe Research
Kevin Krishnaratne - Scotiabank
Raimo Lenschow - Barclays
Presentation
Operator
Good afternoon, ladies and gentlemen, and welcome to Descartes Systems Group Quarterly Results Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions]
I would now like to turn the conference over to Scott Pagan. Please go ahead.
Scott Pagan
Thank you and good afternoon, everyone. Joining me remotely on the call today are Ed Ryan, CEO; and Allan Brett, CFO. And I trust that everyone has received a copy of our financial results press release that was 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 undertaking 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.
And with that, I'm going to turn the call over to Ed.
Ed Ryan
Hey thanks Scott and welcome, everyone, to the call. Today, we're reporting record fourth quarter and annual financial results, even stronger organic growth and further improvements to our operating margins.
We're excited to go over these results with you and give you some perspective about the business environment we see right now. But first, let me give you a roadmap for the call. I'll start by hitting some highlights of last quarter and some aspects of how our business performed, then I'll hand it over to Allan, who will go over the Q4 and annual financial results in more detail....
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The Descartes Systems Group Inc. (DSGX) Q4 2024 Earnings Call Transcript