-+ 0.00%
-+ 0.00%
-+ 0.00%
CGI: Fiscal Q4 Earnings Snapshot
Share
Listen to the news

MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal fourth-quarter net income of $329.2 million.

The Montreal-based company said it had net income of $1.60 per share. Earnings, adjusted for non-recurring costs, came to $1.65 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The information technology and business process services company posted revenue of $2.96 billion in the period.

For the year, the company reported profit of $1.31 billion, or $6.18 per share. Revenue was reported as $11.94 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIB at https://www.zacks.com/ap/GIB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending