Welcome to our dedicated page for ALYA news (Ticker: ALYA), a resource for investors and traders seeking the latest updates and insights on ALYA stock.
Alithya Group Inc. (ALYA) is a strategy and digital technology services company whose news flow reflects its work in enterprise consulting, cloud platforms, and digital transformation. As a TSX-listed issuer, Alithya regularly publishes updates on financial results, capital resources, and strategic decisions that matter to investors and stakeholders following the information technology services sector.
News about Alithya often includes quarterly and fiscal results, where the company discusses revenues, gross margin trends, adjusted EBITDA, net income or loss, bookings, backlog, and cash flows. Management commentary in these releases provides context on geographic performance in Canada, the United States, and international markets, as well as observations about client demand and economic conditions affecting its services.
Alithya also issues announcements on financing and credit facilities, such as amendments to its revolving credit agreement, increases in available credit, and extensions of maturity dates. These items highlight how the company manages liquidity and supports its stated growth objectives, including organic initiatives and acquisitions.
Operational and strategic news covers stock exchange listings and corporate actions, including the company’s decision to voluntarily delist from the Nasdaq Capital Market while maintaining its listing on the Toronto Stock Exchange. Other releases describe office openings, such as a new location in Austin, Texas, and participation in industry events like Oracle CloudWorld.
Alithya’s news flow also features client project milestones and partner recognitions, including Microsoft awards and case studies around Microsoft Dynamics 365 and Oracle Cloud implementations. Readers who follow ALYA news can track how these developments relate to the company’s focus on business strategy, applications implementation, application services, data and analytics, and digital skilling and change enablement.
For investors, analysts, and technology professionals, the ALYA news page offers a centralized view of Alithya’s financial disclosures, strategic moves, and project highlights over time.
Alithya Group (TSX: ALYA, NASDAQ: ALYA) is set to announce its financial results for the fourth quarter and fiscal year 2021, concluding on March 31, 2021, on June 10, 2021. A conference call for the financial community will occur at 9:00 a.m. Eastern Time, featuring a question and answer session. Financial documents will be available on Alithya's Investors page. The company specializes in strategy and digital transformation, employing over 3,000 professionals across North America and Europe, and offers services across various sectors including financial services and healthcare.
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On May 10, 2021, Alithya Group inc. (TSX: ALYA, NASDAQ: ALYA) announced that Paul Raymond, President and CEO, will present at the CIBC Virtual Technology and Innovation Conference. The presentation is scheduled for May 13, 2021, at 11:30 a.m. ET. A live webcast and replay will be available in the Investors section of Alithya’s website. Alithya is a leader in strategy and digital transformation, employing over 3,000 professionals across Canada, the US, and Europe, focusing on various sectors including financial services and healthcare.
On May 6, 2021, Alithya Group (TSX: ALYA) announced a multi-year contract valued initially at C$10 million for Operational Technology cyber security consulting services aimed at the North American manufacturing and utilities sector. The contract focuses on enhancing cyber security measures and compliance with industry standards amid rising cyber threats. Alithya, with over 3,000 professionals across Canada, the US, and Europe, emphasizes its expertise in cyber security to strengthen clients' security postures. The initiative is part of Alithya's commitment to improve the resilience of critical operational systems.
Alithya Group (NASDAQ: ALYA) has been named a finalist for the TAG Technology Awards by the Technology Association of Georgia, announced at the Georgia Technology Summit on April 29, 2021. The company was recognized for its development of the 'Faster Families' Microsoft Power app, designed for the non-profit Adoption-Share to streamline the process of connecting foster children with adoptive families. This recognition highlights Alithya's commitment to leveraging technology for social good, alongside notable companies like Google and NCR.
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Alithya Group (NASDAQ: ALYA) has successfully implemented Oracle Human Capital Management Cloud for Nemours Children's Health System, enhancing human resource management through integrated cloud solutions. This implementation automates tasks, improves decision-making with reliable HR data, and focuses on strategic initiatives like career development. Nemours aims to drive performance and address challenges in the healthcare sector with these technologies. Alithya employs over 3,000 professionals, offering enterprise solutions across North America and Europe.
Alithya Group (TSX: ALYA, NASDAQ: ALYA) has successfully completed the acquisition of R3D Conseil, a private digital solutions firm. This strategic transaction is expected to generate approximately C$600 million in revenues over ten years, with annual commitments of C$60 million. The acquisition will create at least 350 new jobs and integrate nearly 600 professionals from R3D Conseil, enhancing Alithya's position as one of Canada's largest digital transformation firms. The deal will be immediately cash flow positive and aims to strengthen Alithya's balance sheet.
Alithya Group (TSX: ALYA) has announced the acquisition of R3D Conseil, a digital solutions firm, solidifying its digital transformation leadership. This agreement includes minimum annual volume commitments of approximately C$600 million over 10 years with Québecor and Beneva. The transaction will add 600 professionals and generate a backlog of C$600 million in revenue. Alithya anticipates the acquisition will enhance profitability and create over 350 new jobs in Quebec, while expanding its operational reach in various sectors, including insurance and telecommunications.
On March 3, 2021, Alithya Group inc. (TSX: ALYA) announced the launch of a new software solution, Alithya Test Management & Automation, designed to automate testing for Oracle Fusion Cloud modules. This cloud-based platform enables organizations to run quarterly update tests with minimal setup, featuring over 600 certified test scenarios. With potential time savings over 80%, the solution aims to enhance operational efficiency for teams managing Oracle platforms. Alithya's commitment as an Oracle Platinum Partner underscores its strategy to support Oracle projects tailored to customer needs.
