Market Overview

CGI Group Posts Rise In Q4 Revenue

Share:
Related GIB
The Pentagon Just Awarded Another $293.1 Million In Defense Contracts
City of Vantaa Outsources IT Services To CGI

Canadian company CGI Group (NYSE: GIB) reported a loss in the fourth quarter.

CGI posted a quarterly loss of C$168 million, or 58 Canadian cents a share, versus a year-ago profit of C$70 million, or 26 Canadian cents a share. Excluding one-time items, CGI's net earnings came in at $100.0 million, or 37 cents a share.

Its quarterly revenue surged 60.1% y/y to $1.6 billion.

CGI shares closed at $24.22 yesterday.

Posted-In: lossEarnings News

 

Related Articles (GIB)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→