CGI reports fourth quarter and Fiscal 2020 results; $1.94 billion in operating cash for the year

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Go back to CGI reports fourth quarter and Fiscal 2020 results; $1.94 billion in operating cash for the year

CGI Group (GIB) Tops Q4 EPS by 40c, Revenues Beat

November 11, 2020 6:31 AM EST

CGI Group (NYSE: GIB) reported Q4 EPS of $1.22, $0.40 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $2.26 billion.

Q4-F2020 performance highlights

Revenue of $2.93 billion, down 1.1% year-over-year or 4.5% in constant currency;Adjusted EBIT of $457.6 million, flat year-over-year;Adjusted EBIT margin improved by 10 basis points to 15.6%;Net earnings of $251.9 million, for a margin of 8.6% and... More