Alithya Group (ALYA) Reports Q2 Loss of $0.04
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Alithya reports continued margin expansion and acquisition integration benefits in its Fiscal 2020 2nd quarter results
November 13, 2019 7:18 AM ESTQ2-2020 Highlights
Revenues increased 81.6% to $67.4 million, compared to $37.1 million for the same quarter last year Gross margin percentage increased to 30.7%, from 20.8% for the same quarter last year Adjusted EBITDA increased 263.7% to $3.2 million, from $0.9 million for the same quarter last year Solid financial position with net bank borrowing of $8.3 million at the end of the second quarter Net cash used in operating activities was $0.6 million, compared to $2.0 million of cash used for the same quarter last year Acquisition of Matricis Informatique Inc., a... More