CGI Group (GIB) came out with quarterly earnings of $1.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this information technology and business process services company would post earnings of $1.44 per share when it actually produced earnings of $1.46, delivering a surprise of 1.39%. Over the last four quarters, the company has surpassed consensus EPS esti ...

Ta b l e o f C o n t e n t s E x hibit 9 9.1 Table of Contents Management's Discussion and Analysis | For the three and nine months ended June 30, 2024 and 2023 July 31, 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 accordance with the rules and regulations of the Canadian Securities Administrators. Th ...

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, July 24, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its third quarter fiscal year 2024, ended June 30, 2024, on Wednesday, July 31, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). SOURCE CGI Inc. | --- | --- | |------------------|--------------------------------------------------------------------------------------------------- ...

MONTRÉAL, July 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been positioned as a Major Player by the IDC MarketScape: Worldwide Business Consulting Services 2024 Vendor Assessment*. CGI's business consulting experience is based on its ability to deliver the insights, capabilities, and advisory services clients require to balance short-term and longterm imperatives to drive outcomes aligned to their business strategies. The report note ...

Group 1 - CGI Federal Inc. introduced CGI Agile Catalyst™, a framework designed to assist U.S. federal agencies in determining the appropriate agile implementation and delivery approach tailored to their unique challenges and ecosystems [4][6] - The Agile Catalyst framework includes a comprehensive set of tools such as preconfigured workflows, assessments, dashboards, templates, and best practices specifically for federal agencies [1][5] - Agencies utilizing Agile Catalyst have reported significant outcomes, including a reduction of up to 30% in deliverable cycle time and a 20% decrease in production defects, leading to cost savings aligned with their business cases [2][4] Group 2 - CGI Federal Inc. is a wholly-owned subsidiary of CGI Inc., focusing on providing solutions for various federal missions, including defense, healthcare, and intelligence [3][4] - Founded in 1976, CGI is one of the largest independent IT and business consulting services firms globally, with a workforce of 90,000 consultants and professionals [3] - CGI's fiscal 2023 revenue was reported at CA$14.30 billion, with shares listed on both the TSX and NYSE [3]

Building on its success, CGI Group recently announced the successful upgrade of CGI Advantage for the City of Los Angeles, enhancing its cloud-based solution to integrate and streamline the management of financial, procurement and reporting operations. By eliminating 130 customizations and enabling real-time integration with Amazon's (AMZN) cloud computing platform, Amazon Web Services (AWS) and Salesforce, CGI Advantage met all the city's requirements out of the box. The upgrade also included comprehensive ...

This information technology and business process services company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.84%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the numbe ...

Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976, with 90,000 consultants and professionals [2] - The company reported fiscal 2023 revenue of $14.30 billion and is listed on the TSX (GIB.A) and NYSE (GIB) [2] Partnership with the City of Los Angeles - CGI has a long-standing partnership with the City of Los Angeles, focusing on both technology and change management during the city's transition to CGI Advantage [1][4] - The successful upgrade of CGI Advantage has integrated and streamlined the management of financial, procurement, and reporting operations for the city [4] CGI Advantage Features - CGI Advantage is a cloud-based ERP platform designed specifically for government needs, enhancing financial management, human resources, and business intelligence operations [1][4] - The platform allows for flexibility in introducing new features and implementing business rules without costly upgrades, ultimately saving taxpayer dollars [5] Implementation and User Experience - The latest version of CGI Advantage was delivered on time and on budget, featuring a user-friendly interface that increases processing speed and ensures compliance [5] - The system eliminated 130 customizations by meeting all city requirements out of the box and reduced reliance on manual processing through real-time integration with AWS and Salesforce [5][6] Vendor and Procurement Management - The modernization includes an online vendor self-service platform for 7,300 vendors to manage their accounts, invoices, and bidding opportunities [6] - The eProcurement system digitizes purchasing processes, creating a user experience similar to consumer shopping sites [6] Change Management and Training - CGI and the City of Los Angeles developed a comprehensive suite of eLearning videos and provided in-person training to support users during the transition to the new platform [7]

Group 1: Company Expansion and Partnerships - CGI Group (GIB) is expanding its presence in the public sector by securing partnerships to modernize governmental operations, including a recent contract with the State of Colorado for payroll modernization [1][10] - The company has extended its partnership with Nokia to integrate 5G technology into its business services, enhancing digital solutions for real-time operations [6] - CGI renewed its partnership with ExxonMobil to improve payment and loyalty services across Europe and Asia Pacific, supporting over 13,000 fuel retail sites and engaging 10 million active users globally [6] Group 2: Financial Performance and Bookings - In the second quarter of fiscal 2024, GIB reported overall bookings of CAD 3.8 billion, achieving a book-to-bill ratio of 100% for the quarter and 113% on a trailing 12-month basis [3] - Booking ratios were particularly strong in Finland, Poland, and the Baltics at 127%, with Western and Southern Europe at 115%, and the U.K. and Australia at 109% [5] - The global backlog reached CAD 26.8 billion in the reported quarter, indicating strong demand for GIB's services [5] Group 3: Revenue and Earnings Estimates - The Zacks Consensus Estimate for third-quarter fiscal 2024 revenues is projected at $2.69 billion, reflecting a 0.27% year-over-year decline [8] - The consensus estimate for third-quarter earnings is set at $1.40 per share, which has remained unchanged over the past 30 days [8] Group 4: Strategic Focus and Technology - GIB aims to enhance efficiency and user experience for 33,000 state employees through its CGI Advantage ERP platform [9] - The company's focus on innovative solutions includes unified ERP capabilities, enhanced security, and modernized architecture to reduce costs and mitigate risks [4] - CGI's partnership with Amazon Web Services (AWS) will provide a flexible cloud-ready enterprise payments solution to streamline payment procedures for banks [12] Group 5: Market Performance - The stock has declined 5.3% year to date, contrasting with a 29.6% return from the broader Zacks Computer & Technology sector [13]

Core Insights - CGI Federal Inc. has announced that its Sunflower asset management platform is now available on the U.S. Department of Treasury's shared services marketplace, enhancing its position as a trusted partner for federal agencies [5][6] - Sunflower is designed to improve asset management for federal agencies, supporting accountability for millions of assets across more than 75 agencies, and promoting compliance and streamlined financial reporting [3][6] - CGI Inc. reported a fiscal 2023 revenue of CA$14.30 billion, highlighting its significant scale and capabilities in IT and business consulting services [2] Company Overview - CGI Federal Inc. is a wholly owned U.S. subsidiary of CGI Inc., which is one of the largest independent IT and business consulting firms globally, with 90,000 professionals [2] - The company focuses on providing solutions across various sectors, including defense, healthcare, and international affairs, leveraging a local relationship model supported by a global delivery network [2] Product Details - Sunflower is a cloud-based, software-as-a-service (SaaS) solution that enhances financial asset information management and integrates with approved Core Financial Management systems [6] - The solution has received FedRAMP authorization, certifying it for use across federal agencies, and is part of CGI's Momentum® Enterprise Suite, which also gained FM QSMO approval in 2023 [6]