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Earnings Call Summary | CGI Inc(GIB.US) Q2 2024 Earnings Conference

Earnings Call Summary | CGI Inc(GIB.US) Q2 2024 Earnings Conference

财报电话会议摘要 | CGI Inc (GIB.US) 2024 年第二季度财报会议
富途资讯 ·  05/02 05:15  · 电话会议

The following is a summary of the CGI Inc. (GIB) Q2 2024 Earnings Call Transcript:

以下是CGI公司(GIB)2024年第二季度财报电话会议记录的摘要:

Financial Performance:

财务业绩:

  • CGI reported Q2 2024 revenue of CAD 3.7 billion, a slight increase of 0.7% year-over-year.

  • The company saw Earnings Before Interest and Taxes (EBIT) of CAD 628 million, marking a 16.8% margin, a 60 basis point increase year-over-year, primarily credited to more IP-based revenues and cost optimization benefits.

  • Net earnings stood at CAD 427 million.

  • Operating activities provided CAD 502 million in cash, up by 7% year-over-year, representing 13.4% of total revenue.

  • The company made a return of 15.9% on invested capital, which is 30 basis points higher than the previous year.

  • CGI报告称,2024年第二季度收入为37亿加元,同比小幅增长0.7%。

  • 该公司的息税前收益(EBIT)为6.28亿加元,利润率为16.8%,同比增长60个基点,这主要归因于更多的知识产权收入和成本优化收益。

  • 净收益为4.27亿加元。

  • 经营活动提供了5.02亿加元的现金,同比增长7%,占总收入的13.4%。

  • 该公司的投资资本回报率为15.9%,比上年高出30个基点。

Business Progress:

业务进展:

  • The company noted improved utilization as it focuses on growing industries like government, transportation, and utilities.

  • IP revenue witnessed a 6.5% increase in constant currency.

  • The company continues to heavily invest in AI and generative AI capabilities, with plans of embedding AI across its IP portfolio.

  • CGI is actively pursuing acquisitions that would boost its earnings and intends on share repurchases or paying down debt as needed.

  • The company reported significant bookings in integrated AI technologies, exceeding $200 million for Q2.

  • CGI is focused on digital modernization projects and the anticipated increase in digital spending.

  • There is significant growth stemming from managed services, which offsets slower spending in Systems Integration & Consulting (SI&C).

  • 60% of the company's IP revenue now comes from software-as-a-service offerings. They also continue to introduce new technologies, primarily AI, into their operational IP elements.

  • 该公司指出,由于专注于政府、交通和公用事业等成长型行业,利用率有所提高。

  • 知识产权收入按固定货币计算增长了6.5%。

  • 该公司继续大力投资人工智能和生成人工智能能力,并计划将人工智能嵌入其知识产权投资组合。

  • CGI正在积极寻求能够提高其收益的收购,并打算根据需要进行股票回购或偿还债务。

  • 该公司报告了集成人工智能技术的大量预订,第二季度超过2亿美元。

  • CGI专注于数字现代化项目和数字支出的预期增长。

  • 托管服务带来了显著的增长,这抵消了系统集成与咨询(SI&C)支出的放缓。

  • 现在,该公司60%的知识产权收入来自软件即服务产品。他们还继续在其运营知识产权元素中引入新技术,主要是人工智能。

More details: CGI Inc IR

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