Alithya Group (ALYA) Reports Q2 EPS of CAD (0.04)

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Go back to Alithya Group (ALYA) Reports Q2 EPS of CAD (0.04)

Alithya reports another quarter of strong revenue growth for Q1 fiscal 2023

August 11, 2022 7:15 AM EDT

Q1-2023 HighlightsRevenues increased 23.2% to $126.8 million, compared to $102.9 million for the same quarter last year.Adjusted EBITDA(1) amounted to $6.2 million, or 4.9% of revenues, compared to $7.0 million, including the forgiveness of $5.9 million in Paycheck Protection Program ("PPP") loans, or 6.8% of revenues, for the same quarter last year.Gross margin increased 20.2% to... More