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CGI Group ( ($TSE:GIB.A) ) has shared an update.
CGI Group reported a 5.1% increase in revenue for the first quarter of fiscal 2025, reaching $3.79 billion, alongside a significant rise in earnings and cash generation. The company’s strong financial performance, supported by $4.16 billion in bookings and a robust cash flow of $646 million, underscores its effective execution amid a challenging business environment. CGI’s strategic focus on AI and M&A activities has strengthened its position as a trusted advisor, enhancing its ability to deliver value to stakeholders and sustain profitable growth.
More about CGI Group
CGI Group is a global leader in IT and business consulting services, providing solutions that span across systems integration, outsourcing, and managed IT services. The company focuses on assisting clients with digitization and leveraging technologies like AI to drive business outcomes. CGI has a strong market presence, engaging in strategic mergers and acquisitions to expand its capabilities and client relationships.
YTD Price Performance: 4.83%
Average Trading Volume: 163,452
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $25.71B
See more data about GIB.A stock on TipRanks’ Stock Analysis page.
