05:18 PM EST, 03/05/2025 (MT Newswires) -- Descartes Systems Group ( DSGX ) shares were last seen down 5.3% in after-hours Nasdaq trading after the company on Wednesday reported higher fiscal fourth-quarter profit and revenue.

The company said its earnings for the quarter rose 18% to US$37.4 million, or US$0.43 per share, in the quarter ended Jan. 31, up from US$31.8 million or US$0.37, in the fourth-quarter of last year.

Revenue rose 13% to US$167.5 million. Descartes said service revenue, which comprised 93% of total revenue, posted a 15% increase, to US$156.5 million.

Descartes shares were last seen down US$5.92 to US$105.00 after hours. They closed up $1.27 to $159.01 on the Toronto Stock Exchange.