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As of January 2025, Descartes has $236 million in cash and equivalents and no debt. The company has added to its cash balance with free cash flow margins of 33%-38% in each of the last several years.
Astronomers have spotted a cosmic mismatch that has left them perplexed - a really big planet orbiting a really small star.
Giant planets are not rare per se — after all, we have four in our own solar system. Such large worlds are, however, rarely ...