Earnings release
Page 1
CGI GLOBAL PRESS RELEASE Stock Market Symbols GIB.A ( TSX ) GIB ( NYSE ) cgi.com/newsroom CGI reports strong third quarter Fiscal 2021 results Bookings up 28 % and net earnings up 29.7 % year - over - year Q3 - F2021 performance highlights . • • • • • • Revenue of $ 3.02 billion representing growth of 3.5 % on a constant currency basis ; Adjusted EBIT of $ 476.8 million , and margin of 15.8 % , up 110 basis points year - over - year ; Net earnings of $ 338.5 million , up 29.7 % , for a margin of 11.2 % ; Diluted EPS of $ 1.36 , up 36.0 % year - over - year ; Net earnings of $ 339.0 million and diluted EPS of $ 1.36 , both excluding specific items * ; Cash from operating activities of $ 418.9 million ; Bookings of $ 3.63 billion , up 28 % year - over - year , for a book - to - bill ratio of 120 % ; and Last 12 months book - to - bill ratio of 120 % and backlog of $ 23.34 billion , up $ 1.05 billion year over year . * Specific items in Q3 - F2021 include : $ 0.5 million in acquisition - related and integration costs net of tax ; Specific items in Q3 - F2020 include : $ 18.2 million in acquisition - related and integration costs and $ 29.3 million in restructuring costs , both net of tax ; Note : All figures in Canadian dollars . Q3 - F2021 MD & A , interim condensed consolidated financial statements and accompanying notes can be found at cqi.com/en/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 Q3 - F2021 MD & A - click here ( PDF ) Montréal , Quebec , July 28 , 2021 - CGI ( TSX : GIB.A ) ( NYSE : GIB ) reported Fiscal 2021 third quarter results this morning . " In the quarter , we had constant currency revenue growth as demand for our services to meet clients ' digital agendas continues to accelerate , ” said George D. Schindler , President and Chief Executive Officer . “ With robust bookings and cash from operations , we remain well positioned to continue driving profitable growth in the future . " For the third quarter of F2021 , the Company reported revenue of $ 3.02 billion , compared with $ 3.05 billion in the same period last year . Excluding foreign currency impacts , revenues grew by 3.5 % year - over - year . Adjusted EBIT was $ 476.8 million , with EBIT margin of 15.8 % representing an improvement of 110 basis points from 14.7 % in the same period last year . Net earnings were $ 338.5 million in Q3 - F2021 for a margin of 11.2 % . Diluted earnings per share increased by 36.0 % to $ 1.36 , up from $ 1.00 from the same period last year . -1-