Free 2024 Mobile Engagement Guidebook for Distributors

Category: FY 2022

Descartes Annual Revenues Rise 22%

Descartes Annual Revenues Rise 22%

Descartes Systems Group Inc., (TSX:DSG) (Nasdaq:DSGX) of Waterloo, Ontario, says fiscal-year 2022 revenues reached $427 million, a 22% increase from FY 2021. The company’s FY 2022 ended January 31. Descartes reported FY 2022 income from operations of $103.4 million, up 45% from $71.4 million the previous year. Net income was $86.3 million, up 66% from […]

RBC 3Q Sales Jump 83%

RBC 3Q Sales Jump 83%

Bearings manufacturer RBC Bearings Inc. (Nasdaq: ROLL) of Oxford, Connecticut, reported 2022 fiscal third-quarter net sales of $267 million, an 83% jump over the same quarter a year ago. RBC reported $145.9 million in the third quarter of fiscal 2021. Net sales for the company’s industrial segment increased 230.4%, while aerospace/defense segment net sales were […]