Alithya Group (ALYA) Reports Q3 Loss of Cdn$0.03/Share
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Alithya reports continued margin expansion and acquisition integration benefits in its Fiscal 2020 third quarter results
February 13, 2020 7:30 AM ESTQ3-2020 Highlights
Revenues increased 13.9% to $66.2 million, compared to $58.2 million for the same quarter last year Gross margin percentage increased to 30.4%, from 28.3% for the same quarter last year EBITDA(1) improved to $1.7 million, from a loss of $3.2 million for the same quarter last year Adjusted EBITDA(1) increased 165.7% to $3.5 million, from $1.3 million for the same quarter last year Solid financial position with net bank borrowing(1) of $10.2 million at the end of the quarter Net cash generated from operating activities was $8.1 million, compared to $9.7 million of cash used... More