CGI reports Q1 adjusted EPS $1.97, consensus $1.97

Reports Q1 revenue $3.79B, consensus $3.77B. Reports Q1 bookings $4.16B. Reports Q1 backlog $29.76B. “CGI (GIB) began fiscal 2025 with positive momentum as our team’s disciplined execution of our plan delivered strong first quarter results, even as some client industries continued to navigate a dynamic business environment,” said Francois Boulanger, president and CEO. “Our positioning as a trusted advisor for helping clients achieve outcomes from digitization-including through AI-contributed to bookings of over $4.1 billion, or 110% of revenue. The acceleration of our M&A investments continues to expand our client relationships and capabilities to drive stakeholder value this year and for the long-term. Importantly, cash from operations reached a new high of nearly $650 million in the quarter which further strengthens our capacity to fuel our build and buy profitable growth strategy for the future.”