CGI Group (TSE:GIB.A) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
CGI Group has reported a modest revenue increase of 0.7% year-over-year to $3.74 billion for Q2-F2024, with net earnings rising 1.8% to $426.9 million. The company’s earnings reflect stable performance in constant currency terms and a continued focus on delivering shareholder value through strong cash generation and strategic partnerships for future growth. CGI’s solid financial results are underpinned by a consistent book-to-bill ratio and a robust backlog signaling sustained demand for their services.
For further insights into TSE:GIB.A stock, check out TipRanks’ Stock Analysis page.