Alithya Group (TSE:ALYA) has released an update.
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Alithya Group reported a stable revenue with a slight increase and a significant improvement in profitability for the first quarter of fiscal 2025. Despite an 8.1% decrease in year-over-year revenues, the company saw a substantial increase in gross margin percentage to 31.9% and a significant uptick in net cash from operating activities to $16.7 million. Adjusted Net Earnings rose by 65.1%, reflecting the company’s focus on cost management and operational efficiency.
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