Alithya Group (TSE:ALYA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into TSE:ALYA stock, check out TipRanks’ Stock Analysis page.
