CGI reports quarterly revenue, profit up from a year ago

Detailed summary

Consulting firm earned $460.7-million in its fourth quarter

CGI Inc. GIB-A-T says it earned $460.7-million in its latest quarter, up from $381.4 million in the same quarter last year.

The business consulting firm says the profit amounted to $2.24 per diluted share for what was the company’s fourth quarter.

The result compared with a profit of $1.72 per diluted share a year earlier.

On an adjusted basis, CGI says it earned $2.31 per diluted share in its latest quarter, up from an adjusted profit of $2.13 per diluted share a year earlier.

Revenue for the quarter ended Sept. 30 totalled $4.15-billion, up from $4.01-billion in the same quarter last year.

CGI CEO Tim Hurlebaus says the company is positioned strategically, operationally and financially to invest in driving growth as it starts its 2027 financial year.

Opening of the article, excerpted from The Globe and Mail (Report on Business). To read the rest, open the article on the publisher's site.