CGI reports Q2 EPS C$2.12 vs. C$1.97 last year

Reports Q2 revenue C$4.02B vs. C$3.74B last year. Reports bookings of C$4.48B. Reports backlog of C$30.99B. “CGI’s (GIB) second quarter results continue to demonstrate the disciplined execution of our profitable growth strategy, even as clients navigate a challenging business environment,” said Francois Boulanger, president and CEO. “Our financial strength and strategic deployment of capital continue to reinforce CGI’s resilience and positioning now and for the future. Strong quarterly bookings of $4.5 billion, or 111% of revenue, reflect the sustained trust and confidence clients have in our expertise and offerings, as well as the value of our partnership in helping them deliver on their business objectives, including operational efficiency.”