Alithya Group (ALYA) Reports Q2 Loss of $0.03/sh

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Alithya reports another record quarter for Q2 fiscal 2022

November 11, 2021 7:05 AM EST

Accelerating the execution of its long-term strategy with leading organic growthand the integration of R3D Consulting

Q2-2022 Highlights

Revenues increased 54.0% to $105.3 million, compared to $68.4 million for the same quarter last year. The consolidated percentage increase would have been 57.0% assuming a constant US$ exchange rate. Adjusted EBITDA(1) increased 511.2% to $5.0 million, or 4.8% of revenues, compared to $0.8 million, or 1.2% of revenues, for the same quarter last year. Gross margin increased 52.0% to $28.5 million, compared to $18.7 million for the same quarter last year.... More