CGI Inc. (GIB-A.TO)
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2022-07-27 06:30:00 AM ET (CNW Group)
Revenue up 11.5% in constant currency and EPS excluding specific items up 13.2%
Q3-F2022 performance highlights:
- Revenue of $3.26 billion, up 7.9% year-over-year or 11.5% year-over-year in constant currency;
- Adjusted EBIT of $519.9 million, up 9.0% year-over-year;
- Adjusted EBIT margin improved by 20 basis points year-over-year to 16.0%;
- Net earnings of $364.3 million, for a margin of 11.2%, consistent year-over-year;
- Diluted EPS of $1.51, up 11.0% year-over-year;
- Net earnings ex-items of $371.2 million, for a margin of 11.4%, up 20 basis points year-over-year;
- Diluted EPS excluding specific items* of $1.54, up 13.2% year-over-year;
- Cash from operating activities of $419.2 million, representing 12.9% of revenue;
- Bookings of $3.41 billion, for a book-to-bill ratio of 104.7%; and
- Backlog of $23.24 billion or 1.8x annual revenue.
Steady Eddy - another solid quarter that meets (and in some places exceeds) analysts' expectations. The only Canadian tech stock I want to own over the long term!
Also good to see these guys closing deals around the world. Even some of the larger SI and Consultancies don't have the same level of global reach. This is particularly important as some developing regions will drive at a fast growth rate.
CGI Posts Q4 Earnings and Revenues Beat
2021-11-10 06:54:10 AM ET (MT Newswires)
Independent IT and business consulting services firms CGI (GIB-A.TO, GIB), trading near 52 week highs, reported Wednesday Q4 adjusted earnings of C$1.40 ($1.13) per diluted share, up from C$1.22 a year earlier. Analysts polled by Capital IQ forecast adjusted EPS of C$1.35.
Revenue for the quarter ended Sept. 30 was C$3.01 billion, up from C$2.93 billion a year earlier. The consensus estimate was C$2.97 billion.
"CGI ended fiscal 2021 in a strong position, with accelerating revenue growth and a robust book of business and balance sheet," said President and Chief Executive Officer, George Schindler. "Looking to the year ahead, we will accelerate our investments in the talent and capabilities necessary to expand our services and global footprint in support of clients' evolving digital transformations."
Target Raised by BMO Capital Markets Outperform USD 107 » USD 115
Target Raised by Canaccord Genuity Buy USD 105 » USD 112
Target Raised by RBC Capital Outperform USD 110 » USD 115
Target Raised by TD Securities Buy USD 110 » USD 120
Target Raised by Sbank Outperform USD 102 » USD 106
CGI Books Higher Fiscal Q2 EPS Year Over Year, Beats Analyst Estimates
2022-04-27 07:06:50 AM
CGI Inc. (GIB-A.TO), an IT and business consulting firm, reported Wednesday a diluted EPS of $1.53 for its fiscal second quarter, rising year over year from $1.34.
Analysts polled by Capital IQ expected CGI's EPS at $1.51.
Revenue increased to $3.27 billion from $3.08 billion, beating analyst estimates of $3.19 billion.
CGI posted bookings of $3.32 billion, representing a book-to-bill ratio of 101.4% or 108.7% on a trailing 12-month basis.
As of March 31, the company said its backlog stood at $23.14 billion or 1.9x annual revenue.
"In the second quarter of fiscal 2022, we delivered on our profitable growth plan with double-digit increases year-over-year in both revenue and EPS," President and CEO George Schindler said.