CGI Inc. reports Q3 EPS C$1.80 vs. C$1.54 last year

Reports Q3 revenue C$3.62B vs. C$3.26B last year. Reports Q3 bookings C$4.39B. Reports Q3 backlog C$25.63B. “In the third quarter of fiscal 2023, our team again delivered double-digit EPS accretion and sustained margin expansion on a year-over-year basis,” said George Schindler, president and CEO. “Our results were supported by the combination of our profitable growth strategy, proven operational discipline, and clients’ continued trust in CGI as their partner of choice for delivering ROI-led digitization. Strong quarterly bookings were driven by managed services and intellectual property solutions across geographies, highest in government and financial services sectors. Given the current macro-economic environment, CGI’s diverse portfolio of geographies, industries and services serve as a resilient foundation for profitable growth.”