CGI(GIB)
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CGI files 2025 Annual Disclosure Documents
Prnewswire· 2025-12-17 22:47
MONTRÉAL, Dec. 17, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) has filed with the securities regulators in Canada and in the United States its Management Proxy Circular for its Annual General Meeting of Shareholders to be held virtually on January 28, 2026. CGI has also filed its 2025 Annual Information Form with the Canadian securities regulators, as well as with the U.S. Securities and Exchange Commission as part of its Annual Report on Form 40-F, which also includes its previously filed Fiscal 2025 ...
CGI Inc. (NYSE:GIB) Faces Analyst Downgrade Amid New Government Contract
Financial Modeling Prep· 2025-12-15 06:00
CGI Inc. (NYSE:GIB) is a prominent player in the technology and professional services sector. The company specializes in providing a wide range of IT and business consulting services. CGI's offerings include systems integration, outsourcing, and managed services, catering to various industries. The company competes with other major firms like Accenture and IBM in the global market.On December 14, 2025, CIBC downgraded CGI's stock from "Outperform" to "Neutral," as reported by TheFly. This downgrade came whe ...
CGI awarded Texas Department of Information Resources Cooperative Contract for software and related services
Prnewswire· 2025-12-11 13:00
Core Insights - CGI has been awarded a contract by the Texas Department of Information Resources (DIR) to provide commercial off-the-shelf (COTS) software and related services to state and local governments [1][2]. Group 1: Contract Details - The contract enables CGI to offer several market-leading solutions aimed at advancing digital transformation, data integration, and citizen engagement in the public sector [2]. - CGI Advantage, a SaaS ERP solution, supports key government operations such as finance, human resources, budgeting, and procurement [2]. - CGI Transcend™, a SaaS case management solution, is designed for health and human services agencies, enhancing service delivery and data-driven decision-making [2]. - The contract is effective immediately, allowing eligible public sector organizations in Texas to purchase CGI's software and services directly [3]. Group 2: Company Background - CGI, founded in 1976, is one of the largest independent technology and professional services firms globally, with 94,000 consultants and professionals [4]. - The company reported fiscal 2025 revenue of CA$15.91 billion, with shares listed on the TSX and NYSE [4]. Group 3: DIR Overview - The Texas Department of Information Resources (DIR) aims to lead the state's technology strategy and provide innovative solutions for all levels of government [5].
CGI to deliver secure mobile communications solution for NATO
Prnewswire· 2025-12-10 11:30
Core Insights - CGI has signed a contract with NATO Communications and Information Agency (NCIA) to deliver the HERMES project, which aims to enhance NATO's command and control capabilities through secure mobile communication solutions [1][2] - The HERMES project integrates CGI's managed services with secunet's Secure Inter-Network Architecture (SINA) technology, providing a scalable IT solution for NATO executives [1][4] - The project emphasizes the importance of reliability and interoperability in a security-critical environment, allowing NATO leaders to access classified information securely while mobile [2][4][5] Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976, with a reported revenue of CA$15.91 billion for fiscal 2025 [6] - The company employs 94,000 consultants and professionals worldwide, offering a comprehensive portfolio of IT and business consulting services [6] - Secunet, a partner in the HERMES project, is Germany's leading cybersecurity company, specializing in areas with unique security requirements and generating revenue of around 406 million euros in 2024 [9][10]
San Diego County modernizes budgeting with cloud-based CGI Advantage®
Prnewswire· 2025-12-09 13:00
Core Insights - San Diego County has launched the CGI Advantage cloud-based Performance Budgeting solution, enhancing its existing budgeting system and aligning with strategic priorities [1][2] Group 1: Transition to Cloud-Based Solution - The transition from an on-premises system to CGI Advantage in the cloud marks a significant milestone in the County's modernization strategy, simplifying updates and enhancing user experience [2][3] - The upgrade reduces operational costs, improves system functionality, and strengthens security and compliance [2] Group 2: Benefits of CGI Advantage - Key benefits include migration to a SaaS model, enabling real-time access to critical information for County analysts [3] - CGI is assisting in converting legacy reports to CGI Advantage Insight, modernizing reporting and improving decision-making [3][4] Group 3: User Support and System Reliability - Enhanced user support will be provided through CGI Advantage Academy, ensuring employees can fully utilize the platform [4] - Automated testing via TestSavvy will streamline the update process and enhance system reliability [4] Group 4: Commitment to Modernization - CGI emphasizes its commitment to supporting San Diego County's modernization goals through innovative technology and improved operational efficiency [5] - The upgrade aligns with CGI's mission to empower public sector clients and deliver better outcomes for communities [5] Group 5: About CGI Advantage - CGI Advantage is a unified ERP platform designed for government needs, streamlining financial management, human resources, performance budgeting, procurement, and business intelligence operations [6] - The platform is backed by over 46 years of public sector expertise and a strong client community [6] Group 6: About CGI - Founded in 1976, CGI is one of the largest independent IT and business consulting firms globally, with 94,000 professionals delivering a comprehensive portfolio of services [7] - CGI reported revenue of CA$15.91 billion for Fiscal 2025, with shares listed on TSX and NYSE [7]
CGI Inc. (GIB): A Bull Case Theory
Yahoo Finance· 2025-12-04 17:17
Core Thesis - CGI Inc. is positioned as a strong investment opportunity due to its robust financial performance, disciplined capital allocation, and growth potential driven by AI-embedded managed services [1][5]. Financial Performance - Revenue increased by 9.7% year-over-year, with adjusted EPS rising by 10.9%, indicating profitable growth despite temporary margin distortions from restructuring costs [3]. - Bookings reached $4.79 billion, resulting in a 119% book-to-bill ratio, reflecting sustained client demand [3]. - The backlog stood at $31.45 billion, equivalent to two years of revenue, providing visibility for growth over the next 24–36 months [3]. Capital Allocation and Shareholder Value - The company executed a disciplined approach with strategic M&A totaling $1.8 billion and aggressive buybacks amounting to $1.275 billion, enhancing shareholder value [4]. - CGI raised its dividend by 13%, demonstrating confidence in future cash flows [4]. Growth Drivers - AI and managed services are identified as primary growth engines, contributing to efficiencies, higher-margin work, and client renewals [4]. - Free cash flow remains strong at 16.5% of revenue, supporting ongoing investments and shareholder returns [4]. Valuation Metrics - Valuation metrics indicate an attractive stock price with a PE ratio of 16, levels last seen in 2014 and 2020, alongside a 13.6% return on invested capital [5]. - The company’s strong balance sheet and predictable cash generation position it as a classic compounder, offering limited downside and significant upside potential with accelerated AI adoption [5].
CGI expands its Winnipeg presence and Canadian footprint with the acquisition of Online Business Systems
Prnewswire· 2025-12-03 11:30
Core Insights - CGI has announced the acquisition of Online Business Systems, enhancing its digital transformation, AI, and cybersecurity capabilities [1] - The acquisition will strengthen CGI's presence in Winnipeg and expand its service offerings to clients in Canada and the United States [1] - Online Business Systems brings over 350 skilled professionals to CGI, further bolstering its expertise in digital transformation and security initiatives [1] Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976 [1] - The company reported fiscal 2025 revenue of $15.91 billion and employs approximately 94,000 consultants and professionals worldwide [1] - CGI operates through a local relationship model supported by a global delivery network, aiming to help clients digitally transform their organizations [1]
Highmark Inc. extends partnership with CGI to enhance and strengthen claim payment programs and drive innovation
Prnewswire· 2025-12-02 13:00
Core Insights - CGI has renewed and expanded its partnership with Highmark Inc., focusing on enhancing payment integrity through the CGI ProperPay platform, which has been in place for over a decade [1][2][3] Partnership Details - The new contract includes enhanced data analytics and recovery audit capabilities to support Highmark's claims review initiatives, resulting in year-over-year improvements in recoveries and a 98% uphold rate on audit findings [2][3] - Highmark has reported measurable increases in average savings per review on inpatient claims while maintaining operational efficiency and strengthening provider relationships due to the partnership with CGI [3] Technological Advancements - CGI's ProperPay platform utilizes predictive modeling and case selection optimization to improve audit capabilities, contributing to the overall success of Highmark's payment accuracy efforts [3] - CGI is exploring the introduction of new AI-powered capabilities to further enhance outcomes and automate high-volume review workflows [4] Company Overview - CGI is one of the largest independent technology and professional services firms globally, with reported revenue of CA$15.91 billion for fiscal 2025 and a workforce of 94,000 professionals [4]
CGI achieves AWS Premier Tier and SAP Competency Partner status, expanding its global AI-integrated cloud and data solutions to accelerate client transformation
Prnewswire· 2025-12-02 11:30
Core Insights - CGI has been recognized as an Amazon Web Services (AWS) Premier Tier Services Partner and awarded AWS SAP Competency Partner status, indicating its high level of expertise in cloud solutions and SAP applications [1][2][3] Group 1: AWS Partnership and Competency - The Premier Tier designation highlights CGI's deep technical expertise and successful track record in managing client workloads on AWS [2] - CGI's AWS SAP Competency Partner status emphasizes its capability in deploying and managing SAP applications in the cloud, enhancing performance and scalability for clients [2][3] Group 2: Commitment to Digital Transformation - CGI's achievements reflect its commitment to delivering business value through modern, secure, and scalable solutions, particularly in AI and cloud services [3] - The company has successfully migrated Bell Retail's SAP suite to AWS, showcasing its ability to optimize costs and delivery outcomes [3] Group 3: Global Alliances and Expertise - CGI collaborates with over 150 technology firms, strengthening its cloud, data, and AI capabilities to assist clients in modernizing operations [4] - With thousands of AWS-accredited professionals, CGI combines local expertise with global delivery to provide innovative AI-integrated cloud services [4] Group 4: Company Overview - Founded in 1976, CGI is one of the largest independent IT and business consulting firms globally, with 94,000 professionals [5] - CGI reported fiscal 2025 revenue of CA$15.91 billion, indicating strong financial performance [5]
CGI partners with government organizations across Florida to drive modernization with CGI Advantage®
Prnewswire· 2025-11-18 13:00
Core Insights - CGI, one of the largest independent technology and professional services firms globally, announced significant project milestones in Florida related to the deployment of CGI Advantage, a unified ERP platform [1] - The platform enhances financial operations, automates budget processes, streamlines human resource management, and simplifies vendor engagement for government organizations [1] - The adoption of CGI Advantage in Florida demonstrates the company's commitment to providing innovative solutions that support local government agencies' critical missions [1] Company Overview - CGI operates as a major player in the technology and professional services sector, focusing on delivering efficient solutions to government organizations [1] - The company emphasizes its role in advancing local government operations through technology [1] Product Details - CGI Advantage is designed to improve various operational aspects, including financial management, budgeting, human resources, and vendor relations [1] - The platform's deployment signifies a strategic move to enhance the efficiency of government agencies in Florida [1]