GIB Stock Recent News

Acquisition will strengthen CGI's presence in the automotive, manufacturing and financial services sectors in Southern Germany, and will expand its presence in Spain Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom Montréal, Quebec and Leinfelden-Echterdingen, Germany , Jan. 30, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced that its wholly-owned limited partnership, CGI Deutschland B.V. & Co. KG, has signed an agreement to acquire Novatec, an IT services firm specialized in agile software engineering, digital products and strategic business & IT consulting services.

CGI Inc. (NYSE:GIB ) Q1 2025 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Kevin Linder - Senior Vice President, Investor Relations Francois Boulanger - President and Chief Executive Officer Steve Perron - Executive Vice-President and Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Jerome Dubreuil - Desjardins Surinder Thind - Jefferies Divya Goyal - Scotiabank Robert Young - Canaccord Genuity Thanos Moschopoulos - BMO Capital Markets Stephanie Price - CIBC Richard Tse - National Bank Financial Tyler DuPont - Bank of America, U.S Operator Good morning, ladies and gentlemen, and welcome to CGI's First Quarter Fiscal 2025 Conference Call. And I would like to turn the meeting over to Mr.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) held its Annual General Meeting of Shareholders in Montréal, Quebec, Canada, on Wednesday, January 29, 2025 at 11:00 a.m. (EST) via live webcast.

CGI Group (GIB) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.34 per share a year ago.

Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom Acquisition will accelerate CGI's UK-wide expansion, deepening the firm's presence across key commercial industry sectors as well as public sector  LONDON , Jan. 29, 2025 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced the signature of a share purchase agreement on January 29, 2025, to acquire BJSS, a UK-based technology and engineering consultancy known for its innovative IT solutions, software engineering expertise and delivery excellence. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in February 2025.

Stock Market Symbols GIB (NYSE) GIB.A (TSX) cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - In line with the comprehensive succession strategies that CGI (TSX: GIB.A) (NYSE: GIB) established several years ago, Julie Godin is appointed Executive Chair of the Board of Directors, effective following today's Annual General Meeting of Shareholders. In conjunction with Ms.

Stock Market Symbols  GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Revenue up 5.1% with cash generation of $646 million or 17.1% of revenue 1 Q1-F2025 performance highlights Revenue of $3.79 billion, up 5.1% year-over-year or 2.7% year-over-year in constant currency1; Earnings before income taxes of $591.7 million, up 12.3% year-over-year, for a margin1 of 15.6%; Adjusted earnings before interest and taxes1 of $611.7 million, up 4.7% year-over-year, for a margin1 of 16.2%; Net earnings of $438.6 million, up 12.5% year-over-year, for a margin1 of 11.6%; Adjusted net earnings1,2 of $449.0 million, up 5.1% year-over-year, for a margin1 of 11.9%; Diluted EPS of $1.92, up 15.0% year-over-year; Adjusted diluted EPS1,2 of $1.97, up 7.7% year-over-year; Cash provided by operating activities of $646.4 million, representing 17.1% of revenue1; Bookings1 of $4.16 billion, for a book-to-bill ratio1 of 109.8% or 107.8% on a trailing twelve month basis; and Backlog1 of $29.76 billion or 2.0x annual reven

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Jan. 29, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that its Board of Directors has authorized the renewal of its Normal Course Issuer Bid ("NCIB"), subject to approval by the Toronto Stock Exchange (the "TSX"). CGI's management and Board of Directors believe that the purchase for cancellation of the Company's Class A subordinate voting shares ("Class A Shares") is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the Company considers it advisable, as part of its efforts to increase shareholder value.

CGI (GIB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Stock Market SymbolsGIB.A (TSX)GIB (NYSE) cgi.com/newsroom MONTRÉAL, Jan. 22, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will host its Annual General Meeting of Shareholders (the "Meeting") and release its Fiscal 2025 first quarter results on Wednesday, January 29, 2025. The Meeting will be held at 11:00 a.m.