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CGI to release third quarter fiscal 2025 results on July 30
Prnewswire· 2025-07-23 10:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomMONTRÉAL, July 23, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its third quarter fiscal year 2025, ended June 30, 2025, on Wednesday, July 30, 2025 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who: François Boulanger, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer ...
ABeam Consulting (USA) Ltd. and Millennium EBS Establish Strategic Collaborations to Expedite ISO 20022 Implementation
Globenewswire· 2025-06-25 21:34
Group 1: Strategic Collaboration - ABeam Consulting (USA) Ltd. and Millennium EBS have signed a Master Services Agreement to promote the Millennium EBS Payment Hub: ISO 20022 Transformer, combining ABeam's expertise in business transformation with Millennium EBS's payment technology [1][2] - The collaboration aims to provide banks and financial institutions with a streamlined solution for ISO 20022 compliance, addressing the increasing pressure for migration to new messaging standards [2][3] Group 2: Benefits of ISO 20022 Transformer - The ISO 20022 Transformer facilitates seamless integration with legacy systems, ensuring compliance with evolving regulations and enhancing data quality and process efficiency [2][4] - Financial institutions can achieve greater operational efficiency in both domestic and cross-border payments through the implementation of the ISO 20022 Transformer [5][8] Group 3: Company Profiles - ABeam Consulting has over 42 years of experience and operates in 36 countries, serving more than 750 clients with a reported revenue of $1 billion for fiscal year 2024 [6][7] - Millennium EBS, a subsidiary of BlueOne Card Inc., has over two decades of experience in delivering reliable payment solutions and focuses on empowering small to medium-sized banks with regulatory-compliant ISO 20022 transformation [10]
ACN Q3 Earnings & Revenues Beat on Segmental Improvement, Rise Y/Y
ZACKS· 2025-06-24 15:46
Key Takeaways ACN reported Q3 EPS of $3.49, beating estimates by 5.8% and rising 11.5% year over year. Revenues grew 7.7% to $17.7B, exceeding expectations with gains across managed services and consulting. All operating segments and regions outperformed or met forecasts, led by 13% growth in financial services.Accenture plc (ACN) delivered robust results in the third quarter of fiscal 2025, driven by improved segmental performances. The earnings beat failed to impress the market as the company’s shares d ...
C-Suite realigns transformation strategies to navigate complexity, boost efficiency and drive outcomes
Prnewswire· 2025-06-23 10:30
Core Insights - CGI's annual global research reveals that organizations are increasingly focused on digital transformation, with AI and automation being the top investment priorities for executives [2][5] - The research indicates a significant shift towards fewer enterprise-level partners, emphasizing the need for partners with both technical expertise and deep industry experience [2][5] - The findings highlight that while organizations are investing in AI, they face challenges such as legacy systems and talent constraints that hinder their ability to achieve tangible ROI [5][6] Digital Transformation Trends - Two-thirds of executives report that digitization is reshaping business models, with a notable increase in this sentiment from previous years [5] - The pressure from macroeconomic and geopolitical uncertainties is pushing enterprises to cut costs while accelerating digital transformation efforts [5] - Despite challenges, nearly two-thirds of executives plan to maintain or increase capital expenditure next year, with over half intending to invest more than $200 million in new IT programs over the next three years [5] AI Implementation and Adoption - AI implementation is viewed as a key lever for driving efficiency and innovation, with 35% of organizations implementing traditional AI and 26% adopting generative AI, both showing year-over-year growth [5] - CGI emphasizes a structured approach to help clients integrate responsible AI into their operations, aiming for innovation and data-driven decision-making [3][5] Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, with reported revenue of CA$14.68 billion for Fiscal 2024 [7] - The company employs 94,000 consultants and professionals worldwide, offering a comprehensive portfolio of services from strategic consulting to managed IT services [7]
Resources Connection (RGP) Earnings Call Presentation
2025-06-19 11:42
Company Overview - RGP is a global professional services firm with nearly 2,600 delivery professionals and a history of partnering with Fortune 500 companies, with $600 million LTM total revenue[5] - 88% of clients are Fortune 100 & 77% of Fortune 500 companies[5] - 51% of consultants have Big 4, Big Consulting or Big Law experience[11] - 69% of U.S.-based consultants are Racially/Ethnically Diverse or Women[11] Financial Performance - The company has zero debt and a 70% variable cost structure[6] - In FY2024, revenue was $632.801 million, a decrease of 18.4% compared to FY2023[42] - Adjusted EBITDA for FY2024 was $51.483 million, with an adjusted EBITDA margin of 8.1%[42] - The company paid $164 million in total dividends and $255 million in total share repurchases[41] - Q1 Fiscal 2025 revenue by business segment: On-Demand Talent 38.3%, Consulting 40.2%, EU/Asia Pacific 13.1%, Outsourced Services 6.9%, Other 1.4%[5] Strategic Initiatives - The company is implementing a new Go-to-Market Strategy with three engagement models[7] - The company is expanding its addressable market by evolving its service offering catalog[7] - The company reduced its global real estate footprint by over 30,000 square feet during Fiscal Year 2024 and 196,000 square feet since Fiscal Year 2021[35] - The company is investing in digital innovation and AI development to create advanced experiences in response to market demand[39]
Robert Half Named One of The Best Places to Work in the Bay Area
Prnewswire· 2025-06-16 19:35
Core Insights - Robert Half has been recognized as one of the 2025 Bay Area Best Places to Work by the San Francisco Business Times and the Silicon Valley Business Journal, highlighting its strong workplace culture and employee satisfaction [1][3] Company Recognition - The recognition was based on an independent survey of workers in the Bay Area, focusing on key factors such as compensation and benefits, collaborative culture, and management practices [2] Employee Feedback - Lynne Smith, senior vice president of global human resources at Robert Half, emphasized that the recognition reflects the company's people-first workplace culture and commitment to employee development and support [3] Additional Accolades - Robert Half was also named among the Fortune Best Workplaces in the Bay Area 2025 by Great Places to Work® [3] Company Overview - Robert Half is the world's first and largest specialized talent solutions and business consulting firm, providing contract talent and permanent placement solutions across various fields including finance, accounting, technology, marketing, legal, and administrative support [4] Recent Achievements - In the past 12 months, Robert Half, including its subsidiary Protiviti, has been recognized as one of the Fortune® Most Admired Companies™ and one of the 100 Best Companies to Work For [4]
Protiviti Congratulates Brand Ambassador Jennifer Kupcho on Victory at ShopRite LPGA Classic
Prnewswire· 2025-06-09 21:45
Group 1 - Jennifer Kupcho won the ShopRite LPGA Classic with rounds of 68-64-66, marking her fourth LPGA Tour victory and ranking her 45th in the Rolex Women's World Golf Rankings [1][3] - Protiviti will contribute 25,000 meals globally through its "Birdies for Meals" campaign to commemorate Kupcho's victory [2] - Kupcho's win was achieved under challenging conditions, including light rain, and she birdied three of the last five holes to secure the victory [3] Group 2 - Kupcho has notable previous wins including the 2022 Chevron Championship, 2022 Meijer LPGA Classic, and 2022 Dow Great Lakes Bay Invitational, and has been a Protiviti brand ambassador since 2020 [4] - Joseph Tarantino, president and CEO of Protiviti, expressed excitement over Kupcho's victory, highlighting the shared commitment to success between Kupcho and the firm [5] - Protiviti is a global consulting firm with over 90 offices in more than 25 countries, serving a wide range of clients including over 80% of Fortune 100 and nearly 80% of Fortune 500 companies [6][7]
ATIF Holdings Limited Announces Strategic Diversification to Bitcoin Business
Globenewswire· 2025-06-05 10:00
Core Insights - ATIF Holdings Limited is expanding into the Bitcoin sector with a five-year plan to accumulate 1,000 BTC through direct purchases and mining operations [1][3] - The company has chosen West Texas for its mining operations due to favorable regulatory conditions, affordable land, and competitive electricity costs [1][2] - The CEO emphasized Bitcoin as a long-term store of value and a strategic asset for growth, highlighting the importance of energy efficiency and sustainable operations in their mining facilities [2] Company Strategy - The company plans to implement a hybrid approach that includes both direct acquisition of BTC in the open market and the establishment of proprietary mining facilities [1][6] - ATIF Holdings aims to optimize cost control and scalability by focusing on energy-efficient mining operations [2] Industry Context - The move into Bitcoin mining represents a significant evolution in ATIF Holdings' business model, showcasing its commitment to innovation and long-term value creation in emerging technologies [3] - The broader industry trend is towards responsible and forward-looking crypto infrastructure development, which aligns with the company's planned operations [2]
CGI Federal selected to modernize Federal Aviation Administration's Notice to Airmen (NOTAM) system to help strengthen aviation safety
Prnewswire· 2025-05-06 13:10
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroomFAIRFAX, Va., May 6, 2025 /PRNewswire/ - CGI Federal Inc. (CGI Federal), a wholly owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), based in Fairfax, Virginia, has been selected by the Federal Aviation Administration (FAA) to lead the modernization of the Notice to Airmen (NOTAM) system, a critical aviation safety system in the United States. "CGI Federal is proud to partner with the FAA on accelerating the delivery of a modernize ...
FTI Consulting Appoints Energy Expert as a Senior Managing Director in the Corporate Finance & Restructuring Segment
Globenewswire· 2025-05-06 11:30
Core Insights - FTI Consulting has appointed Scott Cockerham as Senior Managing Director in the Corporate Finance & Restructuring segment, focusing on the Power, Renewables & Energy Transition practice in Houston [1][2] Company Overview - FTI Consulting is a global expert firm specializing in crisis and transformation, with over 8,100 employees across 33 countries as of March 31, 2025 [4] - The company generated $3.70 billion in revenues during fiscal year 2024 [4] Leadership and Expertise - Scott Cockerham brings over 20 years of experience in business transformation, turnarounds, and restructurings, having held various leadership roles including CEO and CFO [2][3] - Cockerham's previous role was as Chief Financial Officer at Camin Cargo Control, and he co-led the restructuring energy team at a global consulting firm [3] Industry Context - The energy sector is facing unprecedented uncertainty due to macroeconomic trends and policy shifts, impacting business plans [3] - FTI Consulting aims to leverage Cockerham's expertise to assist clients in navigating challenges and creating value in the dynamic energy landscape [3][4]