05:26 PM EDT, 06/04/2025 (MT Newswires) -- Descartes Systems Group ( DSGX ) reported fiscal Q1 earnings late Wednesday of $0.41 per diluted share, up from $0.40 a year earlier.

Analysts polled by FactSet expected $0.44.

Revenue in the quarter ended April 30 rose to $168.7 million from $151.3 million a year earlier.

Analysts surveyed by FactSet expected $169.7 million.

Descartes said it plans to reduce its global workforce by 7% and cut other expenses amid economic and trade uncertainties. The company expects $4 million in restructuring charges in fiscal Q2, which will impact cash flow, with annualized savings of about $15 million once the plan is completed.

Additionally, Chief Commercial Officer Andrew Roszko will depart in Q2 to pursue other opportunities.

Shares of Descartes Systems ( DSGX ) fell 8.3% in recent after-hours activity.