Core Insights - The interview highlights the importance of upskilling the workforce to prepare for entry-level roles in the AI age, emphasizing the need for educational institutions to incorporate AI into their curricula [1][2] - IBM Consulting's Neil Dhar discusses the transition from experimentation with AI to practical applications that can transform businesses, indicating a significant shift in how companies are approaching AI [2] - The emergence of the Chief Learning Officer (CLO) role is identified as critical for organizations to manage AI interactions effectively, underscoring the necessity of continuous learning at all levels [2] Education and Workforce Preparation - Creighton University is actively encouraging instructors to integrate AI into their teaching methods, allowing students to familiarize themselves with AI tools before entering the workforce [2] - The interview provides a roadmap for educational strategies and workforce demands driven by AI, highlighting the importance of a growth mindset and embracing AI [2] Role of Technology Leaders - Tech leaders, such as IBM, have a responsibility to ensure their employees understand how to leverage AI for business improvement, marking a shift in corporate training and development [2] - The CLO role is expected to become increasingly important over the next five to ten years as AI technology evolves rapidly, necessitating a focus on learning and adaptation [2]

Financial Performance - Q4 FY25 - Total revenues reached $176 billion, a 45% increase in local currency and 7% in USD[4] - Adjusted earnings per share (EPS) increased by 9% to $303, excluding business optimization impacts[6] - Adjusted operating margin increased by 10 bps to 151%, excluding business optimization impacts[7] Financial Performance - Full Year FY25 - Total revenues reached $697 billion, a 7% increase in both local currency and USD[13] - Adjusted earnings per share (EPS) increased by 8% to $1293, excluding business optimization impacts[13] - Adjusted operating margin increased by 10 bps to 156%, excluding business optimization impacts[14] - Free cash flow was $109 billion[15] Strategic Priorities & Growth Areas - Cloud revenue reached approximately $39 billion with 12% growth[17] - Industry X revenue reached $9 billion with 10% growth[17] - Security revenue reached $10 billion with 16% growth[17] - GenAI bookings almost doubled to $59 billion, and revenues tripled to $27 billion[22, 31] Returning Value to Shareholders - Dividends paid totaled $37 billion, or $592 per share, a 15% increase over the fiscal year 2024 quarterly dividend rate[15] - Share repurchases amounted to $46 billion[21] - The company plans to return at least $93 billion of cash to shareholders in FY26, a 12% or $1 billion increase compared to FY25[25] FY26 Outlook - Revenue growth in local currency is projected to be between 2% and 5%[23] - Adjusted earnings per share are expected to be between $1352 and $1390, a 5% to 8% increase over FY25[23]

Group 1 - Accenture plc (NYSE:ACN) is considered one of the top AI stocks to buy currently, with a maintained Buy rating but a reduced price target from $335 to $305 by Guggenheim due to high revenue growth projections for fiscal Q1 2026 [1][2] - Guggenheim attributes the price target cut to "peer multiple compression" rather than a change in the long-term outlook for Accenture, which specializes in IT consulting, digital transformation, and management solutions [2] - Accenture's focus on AI, particularly GenAI, is viewed as a significant long-term growth driver for the company [2]

Group 1 - Micron Technology Inc. is scheduled to report its earnings next Tuesday after market close [1] - Accenture plc Class A will release its key reports on Thursday before market open [1] - Costco Wholesale Corporation is set to report its earnings after market close on Thursday [1]

Core Insights - Alithya Group inc. reported a revenue increase of 2.7% to $124.2 million for Q1 fiscal 2026 compared to the same quarter last year [3][4][7] - The company achieved a net earnings of $0.2 million, a significant improvement from a net loss of $2.8 million in the same quarter last year [15][16] - Adjusted Net Earnings rose by 31.8% to $6.5 million, translating to an Adjusted Net Earnings per Share of $0.07 [16][30] - The company signed 20 new clients and acquired eVerge Interests, Inc., enhancing its service offerings [23][24] Financial Highlights - Revenues for Q1 fiscal 2026 were $124.2 million, up from $120.9 million in Q1 fiscal 2025 [3][7] - Gross margin increased by 3.3% to $39.8 million, with a gross margin percentage of 32.1% [11][12] - Selling, general and administrative expenses decreased by 3.4% to $30.6 million, representing 24.6% of revenues [14] - Adjusted EBITDA increased by 15.6% to $11.6 million, with an Adjusted EBITDA Margin of 9.4% [17][31] Revenue Breakdown - Canadian revenues decreased by 8.5% to $59.6 million, primarily due to reduced government contracts and project maturities [8] - U.S. revenues increased by 17.3% to $59.5 million, driven by organic growth and higher billing rates [9] - International revenues saw a slight increase of 0.7% to $5.1 million [10] Bookings and Backlog - Q1 bookings reached $118.1 million, resulting in a Book-to-Bill Ratio of 0.95 [18][19] - The backlog represented approximately 15 months of trailing twelve-month revenues as of June 30, 2025 [4] Liquidity and Capital Resources - Net cash used in operating activities was $4.2 million, a decrease of $20.9 million from the previous year [20][21] - As of June 30, 2025, the company had $115.7 million in available capital resources [22]

Group 1 - CGI Inc. is a Canadian IT consulting company with a global workforce of 94,000 consultants [1] - The company faces potential growth challenges due to its 13%+ revenue exposure to the U.S. federal sector [1]

Financial Performance - Q2 2025 - Revenue reached 234.8 million SEK, a decrease of 6.6% compared to the previous year (251.2 million SEK)[9] - Organic growth declined by 7.5%[9] - Adjusted EBITA amounted to 17.9 million SEK, with an adjusted EBITA margin of 7.6%[9] Financial Performance - LTM - LTM Revenue is 928.0 million SEK[15] - LTM Growth is 10.5%, with organic growth at -5.7%[15] - Adjusted EBITA margin LTM is 8.7%[15] Employees - Revenue per FTE (Full-Time Equivalent) increased by 3.9% to 1,737 KSEK/year LTM[21] - Personnel costs per FTE increased by 7.3% to 1,109 KSEK/year LTM[21] - The company's employee count decreased by 36, ending Q2 with 559 employees[21] Cash Flow - Q2 2025 - Cash flow from operating activities before changes in working capital was 10.6 million SEK[33] - Investment activities resulted in an outflow of 67.7 million SEK, primarily due to acquisitions[33] - The company's cash and cash equivalents at the end of Q2 2025 were 75.2 million SEK[35] Financial Position - Net debt to EBITDA ratio is +1.0x, with EBITDA at 112.3 million SEK LTM[35] - Net debt totals 108.5 million SEK, calculated from liabilities of 124.4 million SEK, IFRS 16 of 59.3 million SEK, and cash of -75.2 million SEK[35]

Financial Data and Key Metrics Changes - ASGN reported revenues of $1,020,000,000 for Q2 2025, which was above the high end of guidance and represented a decrease of 1.4% year over year [6][23] - Adjusted EBITDA was $108,500,000 with an adjusted EBITDA margin of 10.6%, at the top end of expectations for the quarter [6][26] - Net income for the quarter was $29,300,000, and free cash flow was $115,800,000, translating to a conversion rate of approximately 107% of adjusted EBITDA [26][27] Business Line Data and Key Metrics Changes - Revenues from the commercial segment were $708,100,000, a decrease of 2.4% compared to the prior year, while commercial consulting revenues increased by 15.7% year over year to $325,700,000 [23][24] - Federal government segment revenues were $312,500,000, an increase of 1.1% year over year, including approximately $10,000,000 of higher than expected license revenue [24] - Assignment revenues totaled $382,400,000, reflecting a decline of 13.9% year over year due to macroeconomic softness [23] Market Data and Key Metrics Changes - The consumer and industrial accounts performed strongly, with mid double-digit growth year over year, driven by materials, utilities, and consumer discretionary accounts [11] - The healthcare vertical remained flat year over year, while financial services and TMT accounts saw declines compared to the previous year [11][12] - Federal contract awards totaled $72,000,000 for the quarter, with a book-to-bill ratio of 1.1 times on a trailing twelve-month basis [8] Company Strategy and Development Direction - ASGN is focusing on AI investments, recognizing the need for clients to stay competitive through technological advancements [29][30] - The company launched the ASGN AI Innovation Center to enhance innovation and promote AI-driven business growth [30][31] - Strategic partnerships with companies like AWS and Workday are being leveraged to build client-specific IP and enhance service offerings [67][70] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing macroeconomic uncertainties but highlighted continued client investment in AI and modernization efforts [6][29] - The recent increase in U.S. Defense spending is expected to benefit ASGN's federal business, particularly in AI and cybersecurity [9][48] - Management expressed cautious optimism regarding the recovery of discretionary spending and the potential for growth in consulting services [45][60] Other Important Information - The company has approximately $470,000,000 remaining under its share repurchase authorization [27] - Guidance for Q3 2025 estimates revenue between $992,000,000 and $1,012,000,000, with net income projected between $35,800,000 and $39,400,000 [28] Q&A Session Summary Question: How is TopLock performing relative to expectations? - Management indicated that TopLock is tracking just ahead of revenue and bookings expectations, contributing over $150,000,000 in revenues for the full year [36][37] Question: What impact is AI having on the cyclical assignment business? - Management stated that the assignment business remains stable and that current softness is largely due to macroeconomic factors rather than AI [39][42] Question: What is the long-term margin profile for the government consulting area? - Management noted that while higher margin work is diminishing, there are opportunities to increase direct labor, which could improve margins in the future [50][52] Question: What are the expectations for the impact of DOGE on revenues? - Management confirmed that the DOGE impact was expected to be less than 2% of total revenues, consistent with prior expectations [55] Question: What drove the strength in the consumer and industrial segments? - Management highlighted significant investments and demand in cloud, data, and AI as key drivers of strength in these segments [82][84] Question: How is ASGN using AI internally to improve efficiencies? - Management discussed ongoing efforts to implement AI across enterprise software tools to enhance productivity and streamline operations [87][89]

Financial Data and Key Metrics Changes - ASGN reported revenues of $1,020 million for Q2 2025, which was above the high end of guidance and represented a decrease of 1.4% year over year [5][23] - Adjusted EBITDA margin was 10.6%, at the top end of expectations for the quarter [5][27] - Net income for the quarter was $29.3 million, with free cash flow of $115.8 million, translating to a conversion rate of approximately 107% of adjusted EBITDA [27][28] Business Line Data and Key Metrics Changes - IT consulting revenues grew to approximately 63% of total revenues, up from 57% in the prior year [5] - Commercial consulting revenues totaled $325.7 million, an increase of 15.7% year over year, driven by contributions from TopLock [23] - Federal government segment revenues were $312.5 million, an increase of 1.1% year over year, including $10 million of higher than expected license revenue [23] Market Data and Key Metrics Changes - Consumer and industrial accounts showed mid double-digit growth year over year, driven by strong performance in materials, utilities, and consumer discretionary sectors [10] - The healthcare vertical remained flat year over year, while financial services and TMT accounts declined compared to the previous year [10][11] - Federal contract awards totaled $72 million for the quarter, with a book-to-bill ratio of 1.1 times [7] Company Strategy and Development Direction - ASGN is focusing on AI investments to enhance competitiveness and drive demand for cloud and data solutions [6][30] - The company launched the ASGN AI Innovation Center to unify AI expertise and promote business growth [31][33] - Strategic partnerships with companies like AWS and Workday are being leveraged to deliver tailored technology solutions [18][31] Management Comments on Operating Environment and Future Outlook - Management noted that macroeconomic uncertainty is impacting discretionary spending, but clients are still investing in AI to maintain competitiveness [5][30] - The recent increase in U.S. Defense spending is expected to benefit ASGN's federal business, particularly in AI and automation [8][30] - Management expressed cautious optimism regarding future growth, particularly in the commercial consulting space [63] Other Important Information - The company has approximately $470 million remaining under its $750 million share repurchase authorization [28] - ASGN plans to host an Investor Day in Q4 to discuss long-term strategies for growth and value creation [34] Q&A Session Summary Question: How is TopLock performing relative to expectations? - TopLock is tracking just ahead of revenue and bookings expectations, with EBITDA margins in the high teens [39] Question: What impact is AI having on the cyclical part of the assignment business? - The cyclicality is stable, with no significant impact from AI observed at this stage [46] Question: What is the long-term margin profile for the government consulting area? - The long-term margin profile is expected to remain in the 20% to 21% range, with opportunities for increasing direct labor [56] Question: What were the expectations regarding the DOGE impact? - The DOGE impact was expected to be less than 2% of total revenues, consistent with prior expectations [59] Question: Can you discuss the strength in the consumer and industrial segments? - Strength was driven by significant investments in cloud, data, and AI, particularly in materials and utilities [87][90] Question: How is ASGN using AI internally? - ASGN is implementing AI across enterprise software tools to enhance productivity and efficiency in operations [92]

Financial Performance - Q3 FY25 - Total revenues reached $17.7 billion, an increase of 7% in local currency and 8% in USD[2] - Earnings per share (EPS) increased by 12% on an adjusted basis to $3.49[2] - Operating margin increased by 40 bps on an adjusted basis to 16.8%[4] - Free cash flow was $3.5 billion[7] Financial Performance - Q3 YTD FY25 - Total revenues reached $52.1 billion, an increase of 8% in local currency and 7% in USD[11] - Earnings per share (EPS) increased by 8% on an adjusted basis to $9.90[12] - Operating margin increased by 10 bps on an adjusted basis to 15.7%[14] Strategic Priorities & New Bookings - New bookings amounted to $19.7 billion, with a book-to-bill ratio of 1.1[7] - New bookings decreased by 7% in local currency and 6% in USD[7] - Consulting new bookings accounted for 46% ($9.08 billion) of the total, while Managed Services accounted for 54% ($10.62 billion)[36] Revenue by Geographic Market - Q3 FY25 - Americas generated $9.0 billion in revenue, with a 9% increase in local currency[2] - EMEA generated $6.2 billion in revenue, with a 4% increase in local currency[2] - Asia Pacific generated $2.5 billion in revenue[2] Revenue by Industry Group - Q3 FY25 - Communications, Media & Technology generated $2.9 billion in revenue, with a 5% increase in local currency[2] - Financial Services generated $3.3 billion in revenue, with a 13% increase in local currency[2] - Health & Public Service generated $3.8 billion in revenue, with a 7% increase in local currency[2] - Products generated $5.3 billion in revenue, with a 7% increase in local currency[2] - Resources generated $2.4 billion in revenue, with a 4% increase in local currency[2]