CGI’s net income climbs 30% in third quarter despite revenue dip [Toronto Globe and Mail (Ontario, Canada)]
CGI Inc. (GIB)
Last cgi inc. earnings: 4/29 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
cgi.com/en/investors
Company Research
Source: Toronto Globe and Mail
CGI’s net income climbs 30% in third quarter despite revenue dip Information technology firm CGI Inc. is reporting a nearly 30 per cent increase in net income in the third quarter despite lower revenues. The Montreal-based company says it earned $338.5-million or $1.36 per diluted share in the quarter, up from $260.9-million or $1 per share a year earlier. Adjusted profits for the three months ended June 30 was $339-million or $1.36 per share, up from $308.4-million or $1.18 per share. Revenues fell one per cent to $3.02-billion from $3.05-billion in the third quarter of 2020, but grew 3.5 per cent excluding currency fluctuations. CGI was expected to report $340.1-million in adjusted profits on nearly $3.07-billion of revenues, according to financial data firm Refinitiv. Bookings increased 28 per cent to $3.63-billion in the quarter, pushing its backlog up $1.05-billion to $23.3-billion. “With robust bookings and cash from operations, we remain well positioned to continue driving pro
Show less
Read more
Impact Snapshot
Event Time:
GIB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIB alerts
High impacting CGI Inc. news events
Weekly update
A roundup of the hottest topics
GIB
News
- CGI to release second quarter fiscal 2024 results on May 1PR Newswire
- CGI Looks Fully Valued Here, But M&A Opportunities May Be Attractive [Seeking Alpha]Seeking Alpha
- CGI selected by Los Angeles County to modernize core systems for one of the nation's largest and most complex public sector operations [Yahoo! Finance]Yahoo! Finance
- CGI selected by Los Angeles County to modernize core systems for one of the nation's largest and most complex public sector operationsPR Newswire
- CGI's Hotscan360 solution named a market leader for helping enterprises address financial crime compliance [Yahoo! Finance]Yahoo! Finance
GIB
Earnings
- 1/31/24 - Beat
GIB
Sec Filings
- 2/14/24 - Form SC
- 2/9/24 - Form SC
- 2/9/24 - Form SC
- GIB's page on the SEC website