financetom
Business
financetom
/
Business
/
Alithya Group Posts Higher Q1 Adjusted Net Earnings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alithya Group Posts Higher Q1 Adjusted Net Earnings
Aug 14, 2024 6:07 AM

08:32 AM EDT, 08/14/2024 (MT Newswires) -- Alithya Group ( ALYAF ) reported Wednesday an increase in adjusted net earnings in the first quarter of its fiscal 2025 despite posting lower revenue.

The digital strategy and technologies company posted adjusted net earnings of $4.9 million, or $0.05 per share, rising from $3 million, or $0.03 per share.

Revenue fell to $120.9 million from $131.6 million while adjusted EBITDA rose to $10.1 million from $9.1 million.

"As we forge ahead in fiscal 2025, we remain focused on profitable revenue growth in alignment with the objectives of our new strategic plan, and we can clearly see the positive impacts of our operational efficiency initiatives implemented in fiscal 2024," President and CEO Paul Raymond said.

Althea will outline its new strategic plan during its investor day presentations on Sept. 10.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cardio Diagnostics' Heart Attack Risk Assessment Test Available at Meijer Supercenter in Illinois; Shares Rise
Cardio Diagnostics' Heart Attack Risk Assessment Test Available at Meijer Supercenter in Illinois; Shares Rise
Jun 27, 2024
11:56 AM EDT, 06/27/2024 (MT Newswires) -- Cardio Diagnostics ( CDIO ) said Thursday its Epi+Gen CHD clinical blood test is now available at Family Medicine Specialists' retail clinical location at the Meijer Supercenter in McHenry, Illinois. The test predicts the odds that an individual will have a heart attack or experience sudden death related to coronary heart disease in...
Update: Concentrix Shares Gain After Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set
Update: Concentrix Shares Gain After Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set
Jun 27, 2024
11:58 AM EDT, 06/27/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.) Concentrix ( CNXC ) shares were up 11% in recent Thursday trading, a day after the company posted higher fiscal Q2 non-GAAP diluted earnings and revenue. Concentrix ( CNXC ) reported fiscal Q2 non-GAAP diluted earnings Wednesday of $2.69, up...
Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling
Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling
Jun 27, 2024
(Reuters) - The U.S. Supreme Court's ruling on Thursday scuttling OxyContin maker Purdue Pharma's bankruptcy settlement could have a sweeping impact on how U.S. bankruptcy courts handle cases aimed at resolving sprawling litigation. Here is a look at some ongoing bankruptcy cases that could be impacted. CATHOLIC DIOCESES More than two dozen Catholic diocese have filed for bankruptcy in recent...
Simply Good Foods Lifts Full-Year Adjusted EBITDA Target After Mixed Fiscal Third Quarter
Simply Good Foods Lifts Full-Year Adjusted EBITDA Target After Mixed Fiscal Third Quarter
Jun 27, 2024
11:52 AM EDT, 06/27/2024 (MT Newswires) -- Simply Good Foods' ( SMPL ) fiscal third-quarter revenue rose less than expected while earnings outperformed analysts' estimates as the company lifted its full-year outlook for core profitability. Revenue rose to $334.8 million for the three months ended May 25 from $324.8 million a year ago but missed the $337.9 million average analyst...
Copyright 2023-2026 - www.financetom.com All Rights Reserved