CGI: Fiscal Q2 Earnings Snapshot

MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal second-quarter net income of $310.2 million.

On a per-share basis, the Montreal-based company said it had net income of $1.30. Earnings, adjusted for non-recurring costs, were $1.35 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.

The information technology and business process services company posted revenue of $2.75 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.65 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GIB at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up