GIB Stock Recent News

Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom FAIRFAX, Va. , Aug. 6, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced a 2-year, US$378M extension of its contract with the U.S. Department of State (DoS) for end-to-end passport application processing services supporting the Bureau of Consular Affairs.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Aug. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment*. CGI's key strengths in cloud are in its ability to partner with clients to co-create, deliver and manage innovative cloud-based digital business solutions at pace and scale.

Investors interested in Computer - Services stocks are likely familiar with CACI International (CACI) and CGI Group (GIB). But which of these two stocks presents investors with the better value opportunity right now?

CGI Inc is a well-diversified IT consulting company with annual revenues of over $10 billion and over 5,500 clients globally. Q3 2024 results showed revenue slightly below consensus, with a book-to-bill ratio of 1.17x and a backlog of $27.56 billion. The company also announced a new $0.15 quarterly dividend, which represents a yield of 0.4%.

CGI Inc. (NYSE:GIB ) Q3 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Kevin Linder - SVP, IR Steve Perron - EVP & CFO George Schindler - President and CEO Conference Call Participants Daniel Chan - TD Cowen Suthan Sukumar - Stifel Thanos Moschopoulos - BMO Capital Markets Surinder Thind - Jefferies Jerome Dubreuil - Desjardin Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Steven Li - Raymond James Richard Tse - National Bank Financial Divya Goyal - Scotiabank Operator Good morning ladies and gentlemen. Welcome to CGI's Third Quarter Fiscal 2024 Conference Call.

CGI Group (GIB) came out with quarterly earnings of $1.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.34 per share a year ago.

Stock Market SymbolsGIB.A (TSX)GIB (NYSE) cgi.com/newsroom Updates use of cash strategy to include dividend program Q3-F2024 performance highlights Revenue of $3.67 billion, up 1.3% year-over-year or 0.2% year-over-year in constant currency1; Earnings before income taxes of $594.0 million, up 6.3% year-over-year, for a margin1 of 16.2%; Adjusted EBIT1 of $602.8 million, up 3.1% year-over-year, for a margin1 of 16.4%; Net earnings of $440.1 million, up 6.1% year-over-year, for a margin1 of 12.0%; Net earnings excluding specific items1,2 of $440.2 million, up 3.4% year-over-year, for a margin1 of 12.0%; Diluted EPS of $1.91, up 9.1% year-over-year; Diluted EPS excluding specific items1,2 of $1.91, up 6.1% year-over-year; Cash from operating activities of $496.7 million, representing 13.5% of revenue1; Bookings1 of $4.28 billion, for a book-to-bill ratio1 of 116.6% or 111.7% on a trailing twelve month basis; and Backlog1 of $27.56 billion or 1.9x annual revenue. Note: All figures in

CGI (GIB) possesses 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 Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, July 24, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its third quarter fiscal year 2024, ended June 30, 2024, on Wednesday, July 31, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, July 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been positioned as a Major Player by the IDC MarketScape: Worldwide Business Consulting Services 2024 Vendor Assessment*. CGI's business consulting experience is based on its ability to deliver the insights, capabilities, and advisory services clients require to balance short-term and long-term imperatives to drive outcomes aligned to their business strategies.