Business consulting firm CGI reports Q4 profit and revenue up from year ago

CGI Inc., a business consulting firm, announced a rise in its profits and revenue for the fourth quarter of the previous year. The company reported earnings of $460.7 million, an increase from $381.4 million in the corresponding period last year. This profit equates to $2.24 per diluted share, compared to $1.72 per diluted share in the previous year.

On an adjusted basis, CGI's earnings were $2.31 per diluted share, up from $2.13 per diluted share in the prior quarter. The company's revenue for the quarter amounted to $4.15 billion, up from $4.01 billion in the same period last year. CGI CEO Tim Hurlebaus expressed confidence in the firm's prospects, stating that it is well-positioned to invest in growth as it begins its 2027 financial year.