MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal first-quarter earnings of $316.3 million.
On a per-share basis, the Montreal-based company said it had net income of $1.45. Earnings, adjusted for non-recurring costs, were $1.51 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share.
The information technology and business process services company posted revenue of $2.92 billion in the period.
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