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CGI Group Posts Solid Q2 Financials for 2024
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CGI Group Posts Solid Q2 Financials for 2024

CGI Group (TSE:GIB.A) has released an update.

CGI Group reported a steady Q2 in Fiscal 2024, with marginal revenue growth to $3.74 billion, reflecting a 0.7% increase year-over-year and stable revenues in constant currency terms. Net earnings saw a 1.8% rise to $426.9 million, while cash from operating activities represented a strong 13.4% of revenue. Notably, the company’s bookings reached $3.75 billion, maintaining a solid book-to-bill ratio and ensuring a robust backlog of $26.82 billion.

For further insights into TSE:GIB.A stock, check out TipRanks’ Stock Analysis page.

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