Home / Financial Report / CGI Revenue Up 1.6% for Q3 2013

CGI Revenue Up 1.6% for Q3 2013

CGI-logoCGI Group Inc. (NYSE: GIB) has announced its fiscal 2013 third quarter results, reporting $2.5 billion in revenue or 1.6 percent sequential growth year-over-year.

The company’s earnings before interest and taxes were up 11.3 percent to $283 million from $132.5 million in the prior year period, CGI said Wednesday.

CGI reported net revenue totaling $195 million, including $52 million in integration costs and $14.5 million of tax incentives, and diluted earnings per share of 61 cents.

Third quarter operations yielded $129.5 million in cash, which accounts for acquisition and integration costs, or $2.47 per diluted share.

CGI won $2.7 billion in new and extended contracts during the quarter, representing a 101 percent increase in revenue.

Total signed order backlogs by the end of June reached $18.2 billion compared with $707.9 million in the previous year.

Check Also

MacDonald Dettwiler to Purchase DigitalGlobe in $3.6B Deal

Canada-based communications services company MacDonald, Dettwiler and Associates has agreed to acquire Earth imaging services provider DigitalGlobe (NYSE: DGI) …

UK-France Team Taps MBDA for $183M Air-Launched Missile Upgrade Contract

MBDA has received a potential $183 million contract from the U.K. and France to update …

Subscribe to our Newsletter
I will subscribe later