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.

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Stock Market Symbols GIB (NYSE)GIB.A (TSX) cgi.com/newsroom HELSINKI, Finland, May 7, 2021 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) has been selected by Hansel Ltd., which operates the central procurement unit of the Finnish Government, to serve as the largest IT operating services provider to the Finnish public sector.

CGI selected to provide data center and hybrid IT services in response to Finnish public sector tender

FAIRFAX, Va., May 6, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced it has been named Integration Solution Partner of the Year for the public sector by Red Hat, Inc., the world's leading provider of open source solutions.

CGI wins Red Hat North America Partner Award

CGI's (GIB) CEO George Schindler on Q2 2021 Results - Earnings Call Transcript

CGI (GIB) delivered earnings and revenue surprises of 3.88% and -16.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

CGI Group (GIB) Surpasses Q2 Earnings Estimates

Shares of CGI (NYSE:GIB) were flat in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 13.83% over the past year to $1.07, which beat the estimate of $0.82.

Recap: CGI Q2 Earnings

FAIRFAX, Va., April 28, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced its intent to acquire Sense Corp, a professional services firm focused on digital systems integration and consulting for state and local government and commercial clients.

CGI to acquire Sense Corp, expanding footprint in Texas and St. Louis and end-to-end capabilities for state and local government and commercial clients

Stock Market Symbols GIB.A (TSX)GIB (NYSE) cgi.com/newsroom Bookings up 40% and EPS up 13.6% year-over-year Q2-F2021 performance highlights Revenue of $3.08 billion; Adjusted EBIT of $486.3 million, and margin of 15.8%, up 40 basis points year-over-year; Net earnings of $341.2 million, up 8.4%, for a margin of 11.1%; Diluted EPS of $1.34, up 13.6% year-over-year; Net earnings of $341.9 million and diluted EPS of $1.35, both excluding specific items*; Cash from operating activities of $572.6 million, up 44.4% year-over-year; and Bookings of $3.89 billion, for a book-to-bill ratio of 126%. *Specific items in Q2-F2021 include: $0.6 million in acquisition-related and integration costs net of tax; Specific items in Q2-F2020 include: $23.3 million in acquisition-related and integration costs and $0.2 million in restructuring costs, both net of tax; Note: All figures in Canadian dollars.

CGI reports strong second quarter Fiscal 2021 results

Stock Market Symbols GIB.A (TSX)GIB (NYSE) cgi.com/newsroom MONTRÉAL, April  21, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its second quarter fiscal year 2021, ended March 31, 2021, on Wednesday, April 28, 2021 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m.

CGI to release second quarter fiscal 2021 results on April 28

FAIRFAX, Va., April 21, 2021 /PRNewswire/ -- CGI's (NYSE: GIB) (TSX: GIB.A) IT Delivery Center in Troy, Alabama recently celebrated its 10-year anniversary, marking a decade-long collaboration between the IT and business consultancy firm and local partners, including the state of Alabama, Pike County, the City of Troy, the Pike County Development Corporation, Troy University and local academic institutions.

CGI's IT Delivery Center in Troy commemorates 10 years of commitment, opportunity and growth in the community

FAIRFAX, Va., April 20, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced it is the winner of a Leader in Trade Award for Resiliency in the Fintech category from Global Trade Review (GTR), an independent publishing and events company covering the global trade industry.

CGI receives global trade award for resiliency

CGI (GIB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CGI (GIB) Hits Fresh High: Is There Still Room to Run?

Bank of Montreal

Toronto-Dominion Bank

Canadian-based fund releases semiannual portfolio report

Leith Wheeler Canadian Equity Fund's Top 5 Trades in 2nd Half of 2020

FAIRFAX, Va., March 30, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced that it has been selected by the Federal Reserve Bank to participate in the pilot program for the FedNow Service, a new real-time payments rail.

CGI selected for the Federal Reserve Bank's FedNow Service pilot

FAIRFAX, Va., March 23, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced it has created 600 jobs at its U.S. Delivery Center in Lafayette, Louisiana, exceeding original commitments made to the state at the center's 2014 opening and expanded pledge in 2018, bringing its total state-wide workforce to more than 700 employees.

CGI job creation in Lafayette exceeds 600 hires; anticipated to reach 800 by 2023

FAIRFAX, Va., March 22, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced the appointment of Stephanie Mango to President of CGI Federal with transition activities effective immediately.

CGI Names Industry Leader Stephanie Mango President of CGI Federal

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom Climate priorities include achieving net zero carbon emissions by 2030 MONTRÉAL, March 16, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) is pleased to announce the release of its Corporate Social Responsibility (CSR) 2020 report, which highlights its progress in advancing CSR initiatives across three key areas: people, communities and climate. The report also shares CGI's ambitious goal to achieve net zero carbon emissions by 2030 under its direct and indirect control (as defined by Scope 1, 2 and business travel in scope 3 of the Greenhouse Gas Protocol).

CGI's CSR 2020 report shares progress in advancing key priorities: people, communities and climate

Stock Market Symbols GIB (NYSE) GIB.A (TSX) cgi.com/newsroom   CGI awarded 6 year, €250 million managed services contract MUNICH, March 11, 2021 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) has been awarded a contract by the Bavarian State Ministry of Justice to help the ministry better serve its citizens through digitization and innovation management. Under the six-year managed IT services contract valued at 250 million euros, CGI will help evolve the ministry's IT infrastructure and services at 220 locations across Bavaria.

Bavarian State Ministry of Justice selects CGI to drive digitization and innovation

FAIRFAX, Va., March 5, 2021 /PRNewswire/ -- Last month, the Virginia House of Delegates passed a resolution commemorating the 15th anniversary of the CGI (NYSE: GIB) (TSX: GIB.A) Southwest Virginia IT Delivery Center in Lebanon, Virginia. This passage celebrates the long-standing...

CGI's Southwest Virginia IT Delivery Center celebrates 15 years of continued service, economic impact and commitment to the Commonwealth of Virginia

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom MONTRÉAL, March 1, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that André Imbeau, Co-founder and Advisor to the Executive Chairman of the Board, has elected to close out a transaction made in May 2008 in...

CGI co-founder André Imbeau closes his monetization transaction announced in 2008

KNOXVILLE, Tenn., Feb. 26, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced the establishment of a new information technology (IT) delivery center in Knoxville, Tennessee, where the company plans to create 300 local jobs, engage regional educators, support area workforce...

CGI announces new IT delivery center in Knoxville, Tennessee

Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom LONDON, Feb. 22, 2021 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) was awarded by the European Space Agency (ESA) a contract to develop a new wildfire mapping service that combines recent advances in Earth Observation (EO),...

European Space Agency selects CGI to develop services combining Artificial Intelligence and Earth Observation for Wildfire Mapping

CGI Inc (NYSE: GIB) inked an agreement with institutional investor Caisse de dépôt et placement du Québec (CDPQ) to buy back 4.2 million shares for C$95.13 per share. The buyback price signifies a 3% discount to CGI's Thursday closing price on the Toronto Stock Exchange.

CGI To Buyback 4.2M Shares From CDPQ

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Feb. 19, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that it intends to enter into a private agreement with Caisse de dépôt et placement du Québec ("CDPQ ") for the purchase for cancellation of...

CGI announces intent to repurchase 4.20 million of its shares held by CDPQ

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom HELSINKI, Feb. 18, 2021 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and OP Financial Group have signed an agreement that deepens their long-term application development and management partnership, dating back to 2013. CGI will...

CGI and OP Financial Group Expand Partnership to Include Digital Services for Insurance

FAIRFAX, Va., Feb. 10, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced the launch of the CGI OnCue360 solution for the State of Michigan, where the platform will be used to ensure regulatory compliance with CARES Act pandemic relief funding and track information about grant...

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