CGI Inc. reports Q1 adjusted EPS C$1.66 vs. C$1.50 last year

Reports Q1 revenue C$3.45B vs. C$3.09B. Reports Q1 bookings of C$4.04B, for a book-to-bill ratio of 117%. Reports Q1 backlog of C$25.01B or 1.9x annual revenue. "CGI began fiscal year 2023 with positive momentum, delivering sustained double-digit increases in both constant currency revenue growth and EPS accretion," said George D. Schindler, President and Chief Executive Officer. "Our ongoing investments continued to deliver value for all of our stakeholders, notably in our strong positioning as a trusted partner for clients’ digitization priorities, which contributed to generating over $4 billion in bookings during the quarter, of which one-third were new business. CGI’s operational and delivery discipline also contributed to strengthening our robust balance sheet, enabling us to continue driving our build and buy profitable growth strategy."