The Descartes Systems Group Inc. (NASDAQ:DSGX) Q3 2023 Results Conference Call December 7, 2022 5:30 PM ET

Company Participants

Scott Pagan - President and COO

Ed Ryan - CEO

Allan Brett - CFO

Conference Call Participants

Matt Pfau - William Blair

Justin Long - Stephens

Scott Group - Wolfe Research

Jeremy Campbell - Barclays

Operator

Welcome to The Descartes Systems Group Quarterly Results Call. My name is Daryl and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we’ll conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded.

I’ll now turn the call over to Scott Pagan. Scott, you may begin.

Scott Pagan

Thank you and good afternoon, everyone. Joining me remotely on the call today are Ed Ryan, CEO; and Allan Brett, CFO. 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. And 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 and economic uncertainty on our business and financial condition; Descartes’ operating performance, financial results, and condition; Descartes’ gross margins and any growth on 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 are 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 is required by law.