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Alithya Group inc - ALYA STOCK NEWS

Welcome to our dedicated news page for Alithya Group (Ticker: ALYA), a resource for investors and traders seeking the latest updates and insights on Alithya Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alithya Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alithya Group's position in the market.

News
Alithya to release third quarter fiscal 2024 financial results on February 14
Rhea-AI Summary
Alithya Group Inc. (ALYA) will release its financial results for the third quarter fiscal 2024 on February 14, 2024. The company will host a conference call for the financial community at 9:00 a.m. (Eastern time) and provide access to financial statements, MD&A, press release, and presentation on its website. A replay will be available for those unable to participate in the live call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
earnings
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News
Alithya to consolidate trading on the TSX and announces voluntary delisting from Nasdaq
Rhea-AI Summary
Alithya Group inc. (ALYA) has announced its intention to voluntarily delist its Class A subordinate voting shares from the Nasdaq Capital Market while maintaining its listing on the Toronto Stock Exchange. The company believes the limited benefits of being dual-listed no longer justify the additional expenses and administrative efforts, redirecting cost savings to further advancing the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.03%
Tags
none
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News
Alithya increases and extends its revolving credit facility
Rhea-AI Summary
Alithya Group Inc. (TSX: ALYA) (NASDAQ: ALYA) announced an Amended and Restated Credit Agreement increasing its existing revolving credit facility to CAD 140 million and its uncommitted accordion to CAD 50 million. The term has been extended to April 1, 2026, with the possibility of further extensions. Chief Financial Officer Claude Thibault expressed gratitude towards the lending syndicate for their commitment, emphasizing the strength and sustainability of the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
none
News
Alithya reports second quarter fiscal 2024 results
Rhea-AI Summary
Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) reported its Q2-2024 financial results, with revenues decreasing by 8.1% to $118.5 million, gross margin decreasing by 7.9% to $34.8 million, and adjusted EBITDA decreasing by 31.6% to $6.5 million. The net loss was $9.2 million, and the company saw an increase in adjusted net loss amounting to $0.2 million. The Q2 bookings reached $109.7 million, with a Book-to-Bill Ratio of 0.93 for the quarter. Alithya signed 36 new clients, and the backlog represented approximately 16 months of trailing twelve-month revenues. The company's CEO, Paul Raymond, expressed optimism regarding the progress on gross margin performance and a continued focus on reducing selling, general, and administrative spending.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.19%
Tags
earnings
-
News
Alithya to release second quarter fiscal 2024 financial results on November 14
Rhea-AI Summary
Alithya Group Inc. will disclose its financial results for Q2 fiscal 2024 on November 14, 2023. The conference call and Q&A session will be held at 9:00 a.m. (Eastern time). The financial statements, MD&A, press release, and presentation will be posted on Alithya's website. A replay will be available until December 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
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News
Alithya attains prestigious Microsoft Inner Circle award for the 18th year
Rhea-AI Summary
Alithya Group Inc. receives Microsoft Business Applications 2023/2024 Inner Circle award for the 18th year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
News
Alithya to co-present with Hanger at Oracle CloudWorld 2023
Rhea-AI Summary
Alithya Group Inc. announces its participation in Oracle CloudWorld 2023, showcasing success in Oracle Cloud applications implementation. Alithya will co-present with Hanger, Inc. on their Oracle Cloud implementation experience. Alithya is a 25-year Oracle Partner with expertise in EPM, ERP, HCM, and SCM solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
none
-
News
Alithya opens new office in Austin, Texas
Rhea-AI Summary
Alithya Group Inc. announces opening of new office in Austin, Texas
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
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none
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News
Alithya announces directors'; election results
Rhea-AI Summary
Alithya Group holds annual general meeting of shareholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
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none
News
Alithya renews its normal course issuer bid
Rhea-AI Summary
Alithya renews its normal course issuer bid
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
none
Stock ALYA logo
Alithya Group inc

Nasdaq:ALYA

ALYA Rankings

N/A Ranked by Market Cap
#3372 Ranked by Stock Gains
N/A Ranked by Dividends

ALYA Stock Data

106.98M
66.58M
22.77%
40.04%
0.24%
Data Processing, Hosting, and Related Services
Information
Link
Canada
Montreal

About ALYA

alithya is a rapidly growing firm of consulting services in the fields of information technologies and organisational management, serving customers in north america and europe. born from the merger of two leaders in québec’s information technology industry (cia, sinapse), alithya is able to meet the needs of all of its clients at the strategic level as well as in the realisation of the deriving initiatives alithya is steadfast in defining what would be the basis of all relationships, whether with its customers, its suppliers or its own employees considered to be its privileged partners. these are the values that alithya has given itself: respect, trust, honesty, transparency and fun. working for alithya is to be: • avant-garde – we invent solutions. • human – we develop intimacy, we are close to people. • open – we adapt to the client’s needs. • ethical – we offer the best solution, in our client’s best interest. alithya and its people are open; that means accessible, communicative, tr