Earnings release
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CGI GLOBAL PRESS RELEASE Stock Market Symbols GIB.A ( TSX ) GIB ( NYSE ) cgi.com/newsroom CGI reports strong first quarter Fiscal 2021 results Bookings up 24 % and EPS up 24.5 % year - over - year Q1 - F2021 performance highlights • Revenue of $ 3.02 billion ; Adjusted EBIT of $ 495.7 million , and margin of 16.4 % , up 90 basis points year - over - year ; • Net earnings of $ 343.5 million , up 18.4 % , for a margin of 11.4 % ; • • • Diluted EPS of $ 1.32 , up 24.5 % year - over - year ; Net earnings excluding specific items * of $ 347.2 million and diluted EPS of $ 1.33 ; Cash from operating activities of $ 597.5 million , up 28.4 % year - over - year ; Bookings of $ 3.40 billion , for a book - to - bill ratio of 112.5 % . and * Specific items in Q1 - F2021 include : $ 3.7 million in acquisition - related and integration costs net of tax ; Specific items in Q1 - F2020 include : $ 16.5 million in acquisition - related and integration costs and $ 28.2 million in restructuring costs , both net of tax ; Note : All figures in Canadian dollars . Q1 - F2021 MD & A , interim condensed consolidated financial statements and accompanying notes can be found at cgi.com/investors and have been filed with both SEDAR in Canada and EDGAR in the U.S. To access the financial statements - click here ( PDF ) To access the Q1 - F2021 MD & A - click here ( PDF ) Montréal , Quebec , January 27 , 2021 - CGI ( TSX : GIB.A ) ( NYSE : GIB ) reported Fiscal 2021 first quarter results this morning . " CGI started fiscal 2021 with strong results as our operational discipline and quality client delivery contributed to earnings growth " said President and Chief Executive Officer , George D. Schindler . " Our business pipeline continues to improve , with bookings up 24 % year - over - year as clients are increasingly turning to technology , and CGI , to assist them as they navigate the continuing pandemic and prepare for a post - pandemic environment . Our ability to offer relevant , timely and actionable insights to our clients combined with our strong cash generation will continue to drive profitable growth . " For the first quarter of F2021 , the Company reported revenue of $ 3.02 billion , compared with $ 3.05 billion in the same period last year . Adjusted EBIT was $ 495.7 million , with EBIT margin of 16.4 % representing an improvement of 90 basis points from 15.5 % in the same period last year . -1-