Alithya Group (TSE:ALYA) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
