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CGI(GIB) - 2024 Q2 - Earnings Call Transcript
2024-05-01 17:23
Robert Young Or is it -- are you just -- is there more attrition or hiring is not offsetting the attrition? And then, how is that dynamic impacting your utilization? I think you said utilization had improved. And then, I think in general, we're not as linear because of some of that IP. And so you see the IP growing faster and not being dependent necessarily on the people. Having said that, yes, we are seeing some of that shift to global delivery. Robert Young George Schindler Okay. And just last one for me ...
CGI(GIB) - 2024 Q2 - Earnings Call Presentation
2024-05-01 14:50
(in millions of dollars and % of revenue) Q2 F2023 7 1) Adjusted EBIT, adjusted EBIT margin, and net earnings, net earnings margin and diluted EPS, all three excluding specific items are non-GAAP measures for which we provide more details in the Q2-F2024 MD&A, including references to reconciliations to their closest IFRS measure (when applicable), which are also in the Q2 F2024 earnings' press release. Earnings before income taxes margin, net earnings margin and diluted EPS are key performance measures for ...
CGI Group (GIB) Tops Q2 Earnings Estimates
Zacks Investment Research· 2024-05-01 12:41
CGI Group (GIB) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.39%. A quarter ago, it was expected that this information technology and business process services company would post earnings of $1.31 per share when it actually produced earnings of $1.34, delivering a surprise of 2.2 ...
CGI(GIB) - 2024 Q2 - Quarterly Report
2024-05-01 11:16
Table of Contents Management's Discussion and Analysis For the three and six months ended March 31, 2024 and 2023 Exhibit 99.1 Table of Contents Management's Discussion and Analysis | For the three and six months ended March 31, 2024 and 2023 May 1, 2024 BASIS OF PRESENTATION This Management's Discussion and Analysis of the Financial Position and Results of Operations (MD&A) is a responsibility of management and has been reviewed and approved by the Board of Directors. This MD&A has been prepared in accorda ...
CGI Group (GIB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-24 15:08
Wall Street expects a year-over-year increase in earnings on higher revenues when CGI Group (GIB) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1. On the ot ...
CGI to release second quarter fiscal 2024 results on May 1
Prnewswire· 2024-04-24 10:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, April 24, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its second quarter fiscal year 2024, ended March 31, 2024, on Wednesday, May 1, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who: George D. Schindler, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial ...
CGI selected by Los Angeles County to modernize core systems for one of the nation's largest and most complex public sector operations
Prnewswire· 2024-04-22 10:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom CGI's built for government ERP to span financial management, budgeting and HR systems in new agreement LOS ANGELES, April 22, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced its selection by the County of Los Angeles for the modernization of the County's financial, budget, inventory, payroll and human resources (HR) systems through deployment of CGI Advantage®, an advanced ERP platform that will improve efficiency, strengthen the use ...
CGI's Hotscan360 solution named a market leader for helping enterprises address financial crime compliance
Prnewswire· 2024-04-16 10:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Advisory firm, Celent, highlighted CGI's domain expertise and AI capabilities MONTRÉAL, April 16, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, announces that the CGI Hotscan360 business solution has been recognized as a market leader by leading research and advisory firm Celent in its latest Financial Crime Compliance Technology: Watchlist Screening Edition report. Celent placed CGI's ...
CGI named lead partner by Minnesota for multi-state initiative to analyze diversity, equity, inclusion data in child support programs
Prnewswire· 2024-04-10 12:00
ST. PAUL, Minn., April 10, 2024 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced a partnership with the State of Minnesota on a $4 million, grant-funded research project, the "Advancing Equity in Child Support" initiative. The State's project will examine data to advance diversity, equity, and inclusion (DEI) in child support programs across Minnesota, Michigan, and California, as part of a federal initiative to generate measurable information regarding program effectiveness and impact. "The pro ...
CGI (GIB) Selected by State of Nevada to Upgrade ERP Systems
Zacks Investment Research· 2024-04-05 16:56
CGI (GIB) recently announced that it has secured a significant contract with the State of Nevada to upgrade its enterprise resource planning (ERP) systems.The state’s decision to opt for CGI Advantage, a cloud-based solution, marks a pivotal moment in its efforts to modernize operations. With a 30-year partnership already in place, CGI's expertise in delivering tailored solutions for government agencies positions them as a trusted partner for Nevada’s transformation journey.The deployment of CGI Advantage s ...