CGI reports Q2 adjusted EPS $2.27, consensus $2.26

Reports Q2 revenue $4.16B, consensus $4.24B. Reports bookings of $4.31B for a book-to-bill ratio of 103.8%. Reports backlog of $31.5B or 1.9x annual revenue. “CGI (GIB) delivered a strong first half of the fiscal year, with industry-leading EPS accretion and cash generation,” said Francois Boulanger, President and Chief Executive Officer. “Even in the context of today’s dynamic business environment, this performance reflects the resilience of our business model, the relationships with our clients, and the outstanding expertise of our global team. As clients continue to invest in AI, they need a trusted partner to address mission-critical environments, modernize complex legacy estates, and deliver measurable outcomes. CGI’s AI-first strategy-focused on making AI real and outcome-driven-positions us well to help clients across every industry and geography.”