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CGI Inc T.GIB.A

Alternate Symbol(s):  GIB

Technology Information Technology Services
CGI Inc. is an information technology (IT) and business consulting services firm. It delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It specializes in digital transformation, data analytics and managed services in Miami. It works with clients through a local relationship model complemented by a global delivery network. It offers digital banking solutions to the Canadian credit union sector.


TSX:GIB.A - Post by User

CGI Inc
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Post by topofmind99on Mar 26, 2019 11:48am
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Post# 29536857

26 of 40 Info Tech companies have issued negative guidance

26 of 40 Info Tech companies have issued negative guidance

Tech companies haven't been this negative about a quarter in six years

  • Technology companies are lowering their revenue guidance for the first quarter at a rate not seen since the fourth quarter of 2012.
  • The moves come against a generally dismal backdrop for corporate profits, with the S&P 500 expected to show a year-over-year drop of 3.7 percent.
  • Despite the dour outlook, stocks have held up well, with the Nasdaq tech barometer up more than 16 percent.

The CNBC article says that 26 of 40 Info Tech companies have issued negative guidance for the quarter.  

https://www.cnbc.com/2019/03/26/tech-companies-havent-been-this-negative-about-a-quarter-in-six-years.html 

Does anyone know how CGI is doing for the quarter?

 

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