Alithya(ALYA)

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Alithya announces directors' election results
Prnewswire· 2024-09-10 22:18
MONTREAL, Sept. 10, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya" or the "Company") today held its annual general and special meeting of shareholders (the "Meeting") virtually. A total of 62,535,094 Class A subordinate voting shares and 7,274,248 Class B multiple voting shares were represented at the Meeting, representing approximately 83.80% of the total votes attached to all issued and outstanding shares as of July 15, 2024, the record date for the Meeting.Alithya's Board of Directors had ...
Alithya publishes third ESG Report
Prnewswire· 2024-09-10 11:00
MONTREAL, Sept. 10, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") is proud to disclose its fiscal 2024 ESG Report, with continued progress toward meeting its objectives.Highlights:Fiscal 2024 marked the furtherance of Alithya's commitment to doing the right thing:Earned Carbon Care Certification® in recognition of concrete actions to reduce our environmental impacts.Reduced our carbon emissions by 23% to 977 tonnes of CO2eq.Earned third consecutive Bronze-level Gender Parity Certification f ...
Alithya to host Investor Day on September 10 outlining 3-year strategic plan
Prnewswire· 2024-08-29 11:00
MONTREAL, Aug. 29, 2024 /PRNewswire/ - Alithya Group Inc. (TSX: ALYA) ("Alithya") will host a hybrid Investor Day in Montreal, Canada on Tuesday, September 10, 2024.The event will combine live introductions by Alithya's executive team with video presentations from senior management outlining the Company's core capabilities and industry-first approach to achieve the objectives of its 3-year strategic plan, which took effect on April 1, 2024.Time: The event will commence at 1:00 p.m. Eastern Time and is expec ...
Alithya Group (ALYAF) Surpasses Q1 Earnings Estimates
ZACKS· 2024-08-14 13:20
Company Performance - Alithya Group reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, and showing an increase from earnings of $0.01 per share a year ago, representing a 300% earnings surprise [1] - The company posted revenues of $88.35 million for the quarter ended June 2024, which was 3.56% below the Zacks Consensus Estimate and a decrease from year-ago revenues of $97.98 million [1] - Over the last four quarters, Alithya has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [1] Market Performance - Alithya shares have increased approximately 3.8% since the beginning of the year, while the S&P 500 has gained 13.9% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $89.38 million, and for the current fiscal year, it is $0.10 on revenues of $371.74 million [4] - The trend of estimate revisions for Alithya is mixed, and future changes in estimates will be closely monitored following the recent earnings report [4] Industry Context - The Technology Services industry, to which Alithya belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [5] - Society Pass Incorporated, another company in the same industry, is expected to report a quarterly loss of $0.84 per share, reflecting a year-over-year change of +53.3%, with revenues projected at $2.33 million, up 6.4% from the previous year [5]
Alithya reports strong cash flow generation and gross margin as a percentage of revenues
Prnewswire· 2024-08-14 11:15
Q1-2025 HighlightsRevenues decreased 8.1% to $120.9 million, compared to $131.6 million for the same quarter last year. On a sequential basis, revenues increased by $0.4 million, from $120.5 million for the fourth quarter of last year.83% of revenues were generated from clients which we had in the same quarter last year.Gross Margin as a Percentage of Revenues(1) increased to 31.9%, compared to 28.9% for the same quarter last year.Gross margin increased 1.1% to $38.5 million, compared to $38.1 million for t ...
Alithya to release first quarter fiscal 2025 financial results on August 14
Prnewswire· 2024-07-31 11:00
MONTREAL, July 31, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") will disclose on August 14, 2024, the financial results for its fiscal 2025 first quarter ended June 30, 2024.Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time).Financial statements, MD&A, press release, and presentation will be posted on the Investors page of Alithya's website. Conference call Date: Wednesday, August 14, 2024 Time: 9:00 a.m. ( ...
Are Business Services Stocks Lagging Alithya Group (ALYAF) This Year?
ZACKS· 2024-07-26 14:41
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Alithya Group (ALYAF) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Alithya Group is one of 315 individual stocks in the Business Services sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Secto ...
Alithya to sponsor inaugural Oracle-ODTUG Executive Summit during Kscope24
Prnewswire· 2024-07-11 11:00
WillScot and Pacific Life to join Alithya for a client panel discussionALPHARETTA, Ga., July 11, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") is pleased to announce its participation for the 14th year at ODTUG Kscope, a global conference of the Oracle Development Tools User Group to be held this year at the Gaylord Opryland in Nashville, Tennessee, from July 14-18.The Inaugural Oracle-ODTUG Executive Summit will take place during Kscope24 to bring together Oracle executives and clients to ...
Alithya announces the appointment of Debbie Di Gregorio as interim Chief Financial Officer
Prnewswire· 2024-06-24 12:06
MONTREAL, June 24, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") today announced the appointment of Debbie Di Gregorio as interim Chief Financial Officer, effective June 28, 2024. Ms. Di Gregorio replaces Claude Thibault, who will be leaving the Company to pursue other endeavors. Mr. Thibault has held the role of CFO for over five years and has guided Alithya through its move to public markets and several transformative acquisitions. He will continue to support Alithya to ensure an effectiv ...
Alithya Report: Manufacturers are embracing emerging technologies including generative AI to drive efficiency and sustainability
Prnewswire· 2024-06-11 10:30
Core Insights - The Alithya Manufacturing Trends report for 2024 highlights the rapid adoption of new technologies in the manufacturing sector to meet various goals such as supply chain efficiency, quality control, cybersecurity, and sustainability [1][3]. Technology Investment - Over 60 percent of manufacturers plan to adopt process automation in 2024, making it the top priority technology investment. Other significant technologies include Microsoft Copilot, predictive analytics, and supply chain management. The adoption of AI and machine learning is viewed as a quick path to enhance efficiency and supply chain resiliency [3]. Innovation Focus - Manufacturers are prioritizing operational efficiency and process productivity, with over 40 percent of respondents identifying innovation in operations as a key focus, while 25 percent are concentrating on innovating processes [3]. Supply Chain Resilience - To improve supply chain resilience, manufacturers are diversifying their supplier base, investing in technology solutions, and strengthening partnerships with key suppliers. Strategies include implementing advanced data analytics, AI-driven tools, and conducting regular risk assessments [3]. Cybersecurity Measures - Manufacturers are enhancing cybersecurity through regular employee training, upgrading network infrastructure, collaborating with cybersecurity experts, and implementing multi-factor authentication [3]. Data Analytics and AI Implementation - Plans include using machine learning for demand forecasting, employing data analytics to optimize production efficiency, exploring digital twins, utilizing AI for predictive maintenance, and integrating data analytics to monitor energy consumption [3].