CGI reports second quarter Fiscal 2024 results
For the second quarter of Fiscal 2024, the Company reported revenue of $3.74 billion, representing a year-over-year increase of 0.7%.
- For the second quarter of Fiscal 2024, the Company reported revenue of $3.74 billion, representing a year-over-year increase of 0.7%.
- As of March 31, 2024, the number of CGI consultants and professionals worldwide stood at approximately 90,000.
- During the second quarter of Fiscal 2024, the Company invested $102.6 million back into its business, and $260.0 million under its current Normal Course Issuer Bid to purchase for cancellation 1,741,730 of its Class A subordinate voting shares.
- The net debt-to-capitalization ratio was 16.4% at the end of March 2024, down 760 basis points when compared to the prior year.