CGI records $1Billion in Q3
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CGI has reported their Q3 earnings which stated year over year growth by 8% and net earnings by 80% which resulted in just under $1Billion.
Highlights include:
- Revenue of $933.3 million
- Net earnings of $64.4 million
- Net earnings margin of 6.9%
- Basic EPS of 20 cents
- Cash generated from operating activities of $134.6 million
- Debt reduction and stock buy backs totaled $86.1 million
- Bookings of $1.0 billionCGI Group is largest independent information technology and business process services firms in the world which approximately 25,500 employees worldwide.
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