CGI Group (GIB) Tops Q3 EPS by 36c, Revenues Beat
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CGI reports Q3 Fiscal 2020 results
July 29, 2020 6:30 AM EDTQ3-F2020 performance highlights
Revenue of $3.05 billion, down 2.2% year-over-year or down 3.5% in constant currency; Adjusted EBIT of $448.0 million, down 5.5% year-over-year; Adjusted EBIT margin of 14.7%, down 50 basis points year-over-year; Net earnings of $260.9 million, for a margin of 8.5% and diluted EPS of $1.00; Net earnings excluding specific items* of $308.4 million, for a margin of 10.1% and diluted EPS of $1.18; Cash provided by operating activities of $584.8 million, up $209.6 million, representing 19.2% of revenue; Bookings of $2.84 billion for a book-to-bill of 93% and; Backlog of $22.30 billion or 1.8x annual... More