tiprankstipranks
Alithya Group Reports Record Margins and Profit
Company Announcements

Alithya Group Reports Record Margins and Profit

Alithya Group (TSE:ALYA) has released an update.

Alithya Group has reported improvements in its financial performance, with a record gross margin of 32.1% and an Adjusted EBITDA margin increase to 8.7%. Despite a decrease in year-over-year revenues, the company has achieved a net earnings turnaround from a loss to a profit of $2.3 million. Alithya’s continued focus on high-value services and operational efficiency has positioned it well for the launch of its new three-year strategic plan.

For further insights into TSE:ALYA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAlithya Group Names New Interim CFO
TipRanks Auto-Generated NewsdeskAlithya Group Announces Amended Credit Agreement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!