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CGI's Fiscal Q2 Net Earnings Excluding Specific Items Up 5.6%, Revenue Rises 0.7%
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CGI's Fiscal Q2 Net Earnings Excluding Specific Items Up 5.6%, Revenue Rises 0.7%
May 1, 2024 4:59 AM

07:34 AM EDT, 05/01/2024 (MT Newswires) -- CGI (GIB-A.TO), an independent IT and business consulting services firm, on Wednesday reported that fiscal second-quarter net earnings excluding specific items rose 5.6% to $459.4 million, or $1.97 per diluted share, from $435 million, or $1.82 per diluted share.

Analysts polled by Capital IQ expected $1.95 per diluted share.

Revenue for the quarter ended March 31 rose 0.7% to $3.74 billion from $3.72 billion a year earlier. Analysts surveyed by Capital IQ expected $3.80 billion.

Adjusted EBIT for fiscal Q2 was $628.5 million, up from $600.8 million a year earlier.

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