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Descartes Systems appoints new CEO and COO, issues preliminary Q3 results

  • Descartes Systems (DSGX -6.2%) appoints Edward Ryan CEO as part of the company's succession plan, replacing the retiring Arthur Mesher. Ryan previously served as Chief Commercial Officer.
  • J. Scott Pagan has been appointed President and COO. He was formerly Chief Corporate Officer.
  • Descartes sees preliminary Q3 revenue of $38.5M-$38.8M (vs. consensus of $38.3M) and income before taxes of $4.1M-$4.3M.
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