CGI Group Beats Earnings Expectations, Misses Revenue Targets

CGI Group Incorporated, a Montreal-based IT and business process services company, reported a profit of $277 million for its fiscal fourth quarter, surpassing Wall Street's expectations. Despite missing revenue forecasts, the company's adjusted earnings per share of $1.55 exceeded analyst projections by a small margin. For the full year, CGI Group reported a profit of $1.19 billion and revenue of $11.38 billion, indicating a solid financial standing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.