CGI Group

CGI, Inc. engages in the provision of information technology and consulting services. It operates through the following segments: Western and Southern Europe, U.S. Commercial and State Government, Canada, U.S. Federal, Scandinavia and Central Europe, UK and Australia; Finland, Poland, and Baltics, Northwest and Central-East Europe, and Asia Pacific. The company was founded by Serge Godin and Andre Imbeau in June 1976 and is headquartered in Montreal, Canada.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FAIRFAX, Va. , Nov. 11, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced their involvement in a new portal designed by Wounded Warrior Project® (WWP).

CGI supports Wounded Warrior Project portal to connect Veterans to resources and services

FAIRFAX, Va. , Nov. 7, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced it has renewed its U.S.-focused alliance as a Premier Services partner with Snowflake , the AI Data Cloud company.

CGI helps clients accelerate their data analytics and AI maturity through renewed Snowflake Premier Partner alliance

CGI Inc. (NYSE:GIB ) Q4 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Kevin Linder - Senior Vice President, Investor Relations Steve Perron - Executive Vice President and Chief Financial Officer Francois Boulanger - President and Chief Executive Officer Conference Call Participants Richard Tse - National Bank Financial Divya Goyal - Scotiabank Jerome Dubreuil - Desjardin Stephanie Price - CIBC Surinder Thind - Jefferies Steven Li - Raymond James Thanos Moschopoulos - BMO Capital Markets Paul Treiber - RBC Capital Markets Robert Young - Canaccord Genuity Suthan Sukumar - Stifel Operator Good morning, ladies and gentlemen. Welcome to the CGI's Fourth Quarter Fiscal 2024 Conference Call.

CGI Inc. (GIB) Q4 2024 Earnings Call Transcript

CGI Group (GIB) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.33 per share a year ago.

CGI Group (GIB) Surpasses Q4 Earnings and Revenue Estimates

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Fourth quarter revenue up 4.4% and diluted earnings per share (EPS) up 8.5% Q4-F2024 performance highlights Revenue of $3.66 billion, up 4.4% year-over-year or 2.0% year-over-year in constant currency 1 ; Earnings before income taxes of $592.4 million, up 6.2% year-over-year, for a margin1 of 16.2%; Adjusted EBIT1 of $600.2 million, up 4.7% year-over-year, for a margin1 of 16.4%; Net earnings of $435.9 million, up 5.2% year-over-year, for a margin1 of 11.9%; Net earnings excluding specific items1,2 of $439.1 million, up 4.2% year-over-year, for a margin1 of 12.0%; Diluted EPS of $1.91, up 8.5% year-over-year; Diluted EPS excluding specific items1,2 of $1.92, up 7.3% year-over-year; Cash provided by operating activities of $629.1 million, representing 17.2% of revenue1; and Bookings1 of $3.82 billion, for a book-to-bill ratio1 of 104.4%. F2024 performance highlights Revenue of $14.68 billion, up 2.7% year-over-year or 0.9% year-over-year in constant currency1; Earnings before income taxes of $2.29 billion, up 4.2% year-over-year, for a margin1 of 15.6%; Adjusted EBIT1 of $2.42 billion, up 4.5% year-over-year, for a margin1 of 16.5%; Net earnings of $1.69 billion, up 3.8% year-over-year, for a margin1 of 11.5%; Net earnings excluding specific items1,3 of $1.77 billion, up 5.1% year-over-year, for a margin1 of 12.0%; Diluted EPS of $7.31, up 6.6% year-over-year; Diluted EPS excluding specific items1,3 of $7.62, up 7.8% year-over-year; Cash provided by operating activities of $2.20 billion, representing 15.0% of revenue1; Bookings of $16.04 billion, for a book-to-bill ratio of 109.3%; and Backlog1 of $28.72 billion or 1.9x annual revenue.

CGI reports fourth quarter and Fiscal 2024 results

Stock symbols GIB (NYSE) GIB.A (TSX) cgi.com/press-room PARIS , Nov. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting services firms, announces that it has signed a 3-year contract with Michelin, the world's leading manufacturer of composites and experiences that transform our daily lives, to develop and maintain its Supply Chain and Planning Production Manufacturing applications. CGI will also be involved in supporting Michelin's Customer Experience and Services & Solutions domains.

CGI supports Michelin in its Software and Data Driven strategy

Milestone reflects decade of successful collaboration with the University of Louisiana at Lafayette, Louisiana Economic Development, Lafayette Economic Development Authority and other community organizations  LAFAYETTE, La. , Nov. 4, 2024 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, marks a decade of job growth and community impact at its U.S. Onshore Delivery Centers in Lafayette, Louisiana.

CGI marks 10 years of job creation and community impact in Lafayette, LA and continues to grow

Stock Market SymbolsGIB.A (TSX)GIB (NYSE) cgi.com/newsroom MONTRÉAL, Oct. 30, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its fourth quarter and fiscal year 2024, ended September 30, 2024, on Wednesday, November 6, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m.

CGI to release fourth quarter and fiscal 2024 results on November 6

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Oct. 29, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Major Player in the IDC MarketScape: Worldwide Professional Services Providers for Retailers 2024 Vendor Assessment*. "CGI stands out with its culture and relationships.

CGI recognized as a Major Player for Worldwide Professional Services Providers for Retailers in IDC MarketScape Report

FAIRFAX, Va., Oct. 24, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced the launch of the redesigned CGI ProperPay, a cloud-based solution designed to elevate payment and revenue integrity through advanced Artificial Intelligence (AI) capabilities.

Latest version of CGI ProperPay revolutionizes payment and revenue integrity for healthcare payers and providers with AI-driven capabilities

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom Task orders extend collaboration between CGI and State Department to increase process efficiency and strengthen security and customer service FAIRFAX, Va. , Oct. 22, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced the award of three task orders by the U.S. Department of State (DoS) to support end-to-end visa application processing services for the Bureau of Consular Affairs across Scandinavia, Central Europe, China and Southeast Asia.

U.S. Department of State selects CGI to deliver visa application processing services in 25 countries across Europe and Asia

CGI has a strong management team focused on M&A, cost efficiency, and diversified revenue streams, but I rate it a Hold, due to moderate growth potential. The company has proven it can improve its margins even during periods of revenue contraction. This shows strong management and leads me to consider the company a viable long-term holding. Given its valuation, I expect that its stock will only increase by 10% over the next 12 months. I find annual returns higher than this unlikely over the long term.

CGI Is A Resilient, Well-Managed Business With Moderate Returns

Stock Market SymbolsGIB.A (TSX)GIB (NYSE) cgi.com/newsroom STOCKHOLM , Oct. 16, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest IT and business consulting companies in the world, announced today that it has signed an agreement with the Swedish Tax Agency to deliver e-identification and electronic signature services to help improve the tax filing experience for millions of Swedes. The partnership highlights how CGI's solutions can create value for society by increasing efficiency, improving the digital experience and providing secure citizen services for government agencies.

Swedish Tax Agency extends partnership with CGI to deliver e-ID and electronic signature services

CGI transforms budgeting and financial processes for state IT systems with enterprise resource planning technology built exclusively for government  DES MOINES, Iowa , Oct. 8, 2024 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced the State of Iowa's launch of CGI Advantage®, a transformational enterprise resource planning (ERP) system built on a unified software-as-a-service (SaaS) platform that enhances the user experience, integrates and automates budget processes, and provides ease-of-configuration and flexibility for the adoption of new technologies. "We are pleased to maintain a partnership with CGI for the innovation and expertise they bring to the Iowa Advantage enterprise resource management system," said Governor Kim Reynolds.

CGI Advantage® financial modernization platform launched by State of Iowa

FAIRFAX, Va. , Oct. 2, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced it has been awarded a position on the Foundation Cloud Hosting Services II (FCHS2) 10-year, US$2 billion Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract by the U.S. Department of the Interior.

CGI selected for the U.S. Department of the Interior's cloud integration services under $2B Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract

Adoption of new technologies will optimize government resources while improving user experience FAIRFAX, Va. , Oct. 1, 2024 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced the award of a contract by Anne Arundel County Public Schools (AACPS) in Maryland.

Maryland's Anne Arundel County public school system advances data-driven tools and insights with CGI Advantage® upgrade

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom  Signature reinforces the company's commitment to responsible and ethical AI practices BRUSSELS , Sept. 25, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, announced today that it has signed the European Union's (EU) Artificial Intelligence (AI) Act Pledge as part of its engagement with the European Commission's AI Pact.

CGI signs the European Commission's Artificial Intelligence Act Pledge

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom CGI global research also reveals that AI rises in priority to accelerate outcomes, while digital leader advantages widen MONTRÉAL, Sept. 24, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, released its annual global proprietary research, which analyzes findings from more than 1,800 in-person interviews with business and technology executives, of which 80% are C-level.

C-suite agenda seeks growth and innovation in balance with cost control and efficiency

Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom 20-year agreement supports Themis Program aim to modernize the justice system  BELFAST, Northern Ireland , Sept. 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the Department of Justice, Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its flagship business transformation program, Themis.

CGI selected as delivery partner for pioneering business transformation program by the Northern Ireland Courts and Tribunals Service

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Modernized solution will introduce a seamless, AI-enabled financing journey for Harley-Davidson customers and enhanced flexibility for dealers FAIRFAX, Va. , Sept. 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by Harley-Davidson Financial Services (Harley-Davidson) to modernize their loan origination system.

CGI selected by Harley-Davidson Financial Services to streamline loan origination system

Stock Market Symbols GIB (NYSE) GIB.A (TSX) cgi.com /newsroom FAIRFAX, Va. , Sept. 13, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has completed the previously announced acquisition of Aeyon, a leader in digital transformation and Artificial Intelligence (AI) technologies, including data management, analytics and intelligent automation for the U.S. Federal Government.

CGI completes acquisition of Aeyon, expands capabilities for national security and civilian agency missions

FAIRFAX, Va. , Sept. 11, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by Forbes as one of America's Best Employers for Women, placing it alongside those U.S. companies achieving the highest scores by 150,000 women surveyed at companies with at least 1,000 employees for Forbes' annual ranking.

Forbes names CGI a 2024 Best Employer for Women

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Sept. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty (P&C) insurance.

CGI named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Sept. 3, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that it has priced an offering of Canadian dollar denominated senior unsecured notes in two series.

CGI announces private offering of C$750 million, in aggregate, of 3-year and 5-year notes

FAIRFAX, Va., Aug. 28, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced two contract awards from the U.S. Patent and Trademark Office (USPTO).

News for CGI Group Stock (GIB)