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 (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIB at https://www.zacks.com/ap/GIB
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
