Alithya Group (ALYA) Reports Q3 EPS of $0.04

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Alithya reports continued growth and record revenues for Q3 fiscal 2022

February 10, 2022 7:10 AM EST

Q3-2022 Highlights

Revenues increased 55.4% to $109.7 million, compared to $70.6 million for the same quarter last year. The percentage increase would have been 57.0% assuming a constant US$ exchange rate.Adjusted EBITDA(1) increased 97.0% to $4.5 million, or 4.1% of revenues, compared to $2.3 million, or 3.2% of revenues, for the same quarter last year.Gross margin increased 38.3% to $28.3 million, compared to $20.4 million for the same quarter last year.Gross margin for the third quarter, as a percentage of revenues, was 25.8%, or 28.1% when excluding the impact of the April 2021 acquisition of R3D... More