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 inc. (TSX: ALYA) announced its participation in the 2022 AACRAO Strategic Enrollment Management Conference in Toronto from November 13-16, 2022. The conference aims to enhance student success through improved enrollment strategies. During the event, Alithya and Frequency Foundry will present on transitioning from independent CRM systems to an institutional CRM, highlighting the importance of a digital experience for students. Key insights will focus on creating a SEM ecosystem that addresses student expectations and streamlines data processes.
Alithya Group inc. (TSX: ALYA, NASDAQ: ALYA) will announce its financial results for the second quarter of fiscal 2023, ending September 30, 2022, on November 10, 2022. A conference call will be held at 9:00 a.m. Eastern time, allowing the financial community to engage in a Q&A session. Key materials including financial statements and presentations will be available on Alithya's Investors page. The company aims to position itself as a leader in strategy and digital transformation, employing 3,900 professionals across North America.
Alithya Group (NASDAQ: ALYA) announces its participation in the 2022 EDUCAUSE Annual Conference from October 25-28 in Denver, Colorado. Partnering with OneWorldSIS and Frequency Foundry, Alithya will showcase a Microsoft-based portfolio including a Student Information System (SIS), finance, and CRM solutions. These technologies aim to enhance data management and provide a comprehensive view of the educational experience from students to alumni. Alithya is recognized as a leader in digital transformation, employing approximately 3,900 professionals across North America.
Alithya Group (TSX: ALYA, NASDAQ: ALYA) announced a partnership with OneWorldSIS on October 18, 2022. This collaboration aims to enhance solutions for the North American Higher Education sector by integrating the OneWorldSIS Student Information System with Microsoft Dynamics 365 CRM. The partnership positions Alithya as a trusted advisor in digital transformation, addressing the urgent need for institutions to modernize legacy systems. According to Tambellini Group, investments in Student System Technology surged by 98% in 2021, reflecting growing demand for efficient educational solutions.
Alithya Group inc. (TSX: ALYA) has secured a two-phased agreement with a leading Canadian university for a significant digital transformation project, marking its largest CRM initiative in higher education. Phase 1 is centered on improving the student experience through enhanced recruitment and admissions processes. Phase 2 will focus on student engagement and advisory services. The project will utilize a Student Master Data framework and integrate Microsoft Dynamics 365 with Alithya's partner solution, greymatter©. This partnership reinforces Alithya's growing reputation in the higher education sector.
On October 4, 2022, Alithya Group (TSX: ALYA) announced the successful completion of seven Oracle Cloud Human Capital Management (HCM) projects this year. This achievement highlights the effectiveness of Alithya's dedicated Oracle practice in transforming critical HR processes. With over 3,500 successful projects for more than 1,200 clients, Alithya’s expertise continues to grow, establishing its reputation as a trusted Oracle partner. Senior Vice President Mike Feldman emphasized the importance of these projects in a challenging economic climate, reflecting clients' trust in Alithya's capabilities.
Alithya Group inc. (NASDAQ: ALYA) announced that its Microsoft Dynamics practice has achieved the Microsoft Business Applications 2022/2023 Inner Circle award. This award recognizes top-performing partners based on sales achievements, positioning Alithya among the elite in Microsoft's global partner network. As a prestigious member, Alithya will participate in the Inner Circle Summit in Spring 2023 and collaborate with Microsoft leadership. The company employs 3,900 professionals and focuses on digital transformation across various sectors.
Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) announced the renewal of its normal course issuer bid (NCIB) program, allowing it to repurchase up to 2,491,128 Class A subordinate voting shares, representing 5% of its public float. Purchases may start on September 20, 2022, and will be made in the open market, with all shares purchased to be cancelled. The company has a current NCIB that expires on September 19, 2022, having bought 633,286 shares at a weighted average price of $3.15. Alithya aims to enhance shareholder value through strategic share buybacks.
On September 14, 2022, Alithya Group inc. (TSX: ALYA) held its annual general meeting virtually, with approximately 89.26% of total shares represented. All ten proposed director nominees were elected, with votes reflecting strong shareholder support: Dana Ades-Landy received 99.89% approval, and other nominees similarly secured high vote percentages, demonstrating confidence in the management team. In light of the ongoing pandemic, the decision for a virtual meeting was made to prioritize the safety of participants. Alithya continues to focus on strategy and digital transformation, employing around 3,900 professionals globally.
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