financetom
Business
financetom
/
Business
/
CGI Q3 Adjusted Earnings and Revenue Advance, Beating Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CGI Q3 Adjusted Earnings and Revenue Advance, Beating Estimates
Jul 30, 2025 4:27 AM

07:08 AM EDT, 07/30/2025 (MT Newswires) -- CGI (GIB-A.TO) on Wednesday said third-quarter adjusted earnings and revenue both rose, beating forecasts.

Third-quarter earnings, adjusted to exclude most one-time items, increased 11.5% to $470.1 million or $2.10 per adjusted diluted share, from $440 million, or $1.91 per share in the prior year period. The result beat the consensus analyst estimate of $2.08 per share, according to FactSet.

Revenue rose 11.4% to $4.1 billion. Analysts had expected $4 billion.

According to Chief Executive Francois Boulanger, "CGI continued to see strong momentum in AI-related wins in Q3, demonstrating the depth of our expertise globally."

The company will pay a regular quarterly dividend of $0.15 per share on Sept. 19.

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 >
US looking into whether DeepSeek used restricted AI chips, source says
US looking into whether DeepSeek used restricted AI chips, source says
Jan 31, 2025
* Organized AI chip smuggling to China has been tracked out of countries including Malaysia, source says * Nvidia ( NVDA ) insists its partners comply with all applicable laws * Singapore says it has always upheld rule of law (Updates story dated Jan. 30 with response from Singapore government on Feb. 1 in paragraph 8 to 10) By Karen...
Trump readies order for steep tariffs on goods from Mexico, Canada, China
Trump readies order for steep tariffs on goods from Mexico, Canada, China
Jan 31, 2025
(Reuters) - U.S. President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, potentially disrupting more than $2.1 trillion worth of annual trade. Trump, who is working from his Mar-a-Lago estate in Florida this weekend, said on Friday that there was...
Trump's Pentagon says it will 'rotate' out some media from offices
Trump's Pentagon says it will 'rotate' out some media from offices
Jan 31, 2025
WASHINGTON, Jan 31 (Reuters) - President Donald Trump's administration, in an unprecedented move, announced late on Friday it would remove four media organizations including the New York Times ( NYT ) from their dedicated office spaces in the Pentagon, citing a desire to make room for others. The memo on a New Annual Media Rotation Program said it would also...
INDIA BUDGET-India axes import tax on some smartphone parts in boost to Apple, Xiaomi
INDIA BUDGET-India axes import tax on some smartphone parts in boost to Apple, Xiaomi
Feb 1, 2025
NEW DELHI, Feb 1 (Reuters) - India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple ( AAPL ) and Xiaomi ( XIACF ). India's electronics production has more than doubled in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved