Consulting firm CGI reports Q1 profit and revenue up year-over-year
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Hey there, time traveller!
This article was published 31/01/2024 (971 days ago), so information in it may no longer be current.
MONTREAL – CGI Inc. reported its first-quarter profit and revenue rose compared with a year ago.
The Montreal-based business and technology consulting firm says it earned $389.8 million or $1.67 per diluted share for the quarter ended Dec. 31.
The result compared with a profit of $382.4 million or $1.60 per diluted share in the same quarter a year earlier.
CGI says it its profit excluding specific items amounted to $1.83 per diluted share, up from $1.66 per diluted share a year earlier.
Revenue for the three-month period totalled $3.60 billion, up from $3.45 billion a year earlier.
Excluding foreign currency variations, CGI says revenue grew by 1.5 per cent year-over-year.
This report by The Canadian Press was first published Jan. 31, 2024.
Companies in this story: (TSX:GIB.A)