MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal fourth-quarter earnings of $319.5 million.
On a per-share basis, the Montreal-based company said it had profit of $1.40. Earnings, adjusted for non-recurring costs, came to $1.41 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The information technology and business process services company posted revenue of $2.68 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $2.62 billion.
For the year, the company reported profit of $1.24 billion, or $5.37 per share. Revenue was reported as $10.79 billion.
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