CGI reports strong second quarter Fiscal 2022 results Revenue up 10.0% in constant currency and EPS up 14.2%, both year-over-year
Q2-F2022 performance highlights1
- Revenue of $3.27 billion, up 6.2% year-over-year or 10.0% year-over-year in constant currency;
- Adjusted EBIT of $523.6 million, up 7.7% year-over-year;
- Adjusted EBIT margin improved by 20 basis points year-over-year to 16.0%;
- Net earnings of $372.0 million, for a margin of 11.4%, up 30 basis points year-over-year;
- Diluted EPS of $1.53, up 14.2% year-over-year;
- Net earnings excluding specific items* of $374.1 million, for a margin of 11.4%, up 30 basis points year-over-year;
- Diluted EPS excluding specific items* of $1.53, up 13.3% year-over-year;
- Cash from operating activities of $472.6 million, representing 14.5% of revenue;
- Bookings of $3.32 billion, for a book-to-bill ratio of 101.4%;
- Backlog of $23.14 billion or 1.9x annual revenue.
| *Specific items in Q2-F2022 include: $2.1 million in acquisition-related and integration costs, net of tax; Specific items in Q2-F2021 include: $0.6 million in acquisition-related and integration costs, net of tax. |
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| Note: All figures in Canadian dollars. Q2-F2022 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. |
MONTRAL, April 27, 2022 /CNW Telbec/ - CGI (TSX: GIB.A) (NYSE: GIB)