Overview
* Alithya fiscal Q1 2026 revenue grows 2.7% yr/yr, beating analyst expectations
* Adjusted net earnings rise 31.8% yr/yr, driven by acquisitions
* Co acquires eVerge Interests, enhancing enterprise application services
Outlook
* Company aims for profitable growth and value creation
* Alithya ( ALYAF ) focuses on leveraging AI and digital transformation
* Company expects continued synergies from recent acquisitions
* Alithya ( ALYAF ) targets expanding service offerings and market penetration
Result Drivers
* U.S. GROWTH - Organic growth in enterprise transformation services and higher billing rates boosted U.S. revenues by 17.3%
* ACQUISITIONS - Positive contributions from eVerge and XRM Vision acquisitions enhanced revenue and gross margin
* COST MANAGEMENT - Decreased selling, general and administrative expenses contributed to improved net earnings
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 Beat C$124.16 C$123.50
Revenue mln mln (6
Analysts
)
Q1 C$0.07
Adjusted
EPS
Q1 C$6.52
Adjusted mln
Net
Income
Q1 Net C$185,00
Income 0
Q1 C$11.63
Adjusted mln
EBITDA
Q1 9.4%
Adjusted
EBITDA
Margin
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the it services & consulting peer group is "buy"
* Wall Street's median 12-month price target for Alithya Group Inc ( ALYAF ) is C$3.00, about 15.3% above its August 12 closing price of C$2.54
* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)