MONTREAL (AP) — MONTREAL (AP) — CGI Group Inc. (GIB) on Wednesday reported fiscal first-quarter profit of $286.3 million.
On a per-share basis, the Montreal-based company said it had net income of $1.22. Earnings, adjusted for non-recurring costs, were $1.34 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The information technology and business process services company posted revenue of $2.65 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $2.59 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIB at https://www.zacks.com/ap/GIB