CGI Inc Stock Price, News & Analysis

CGI (NYSE: GIB) has secured a 10-year contract extension with Colorado Parks and Wildlife (CPW) to continue providing its cloud-based CGI Advantage Performance Budgeting solution. The partnership will enhance CPW's financial management through advanced analytics, improved data visualization, and Testing as a Service (TaaS) capabilities.

The system will integrate with CGI Advantage Financial Management and Colorado's CORE platform, enabling better budget forecasting and compliance tracking for awards and grants. CPW, which manages 43 state parks and over 350 wildlife areas, relies on diverse funding sources, with more than 90% of its budget coming from non-tax revenues including hunting and fishing licenses, park fees, and federal excise taxes.

CGI Federal (NYSE: GIB) has been selected by the Federal Aviation Administration (FAA) to lead the modernization of the Notice to Airmen (NOTAM) system, a critical aviation safety system in the United States. The company will partner with Google Public Sector, NG Aviation, and Mosaic ATM to implement a state-of-the-art NOTAM platform that will enhance the FAA's ability to deliver safety alerts to aviation stakeholders.

The upgraded system will feature near-real-time data exchange and improved stakeholder collaboration, all hosted on a secure cloud architecture. Google will serve as the trusted cloud provider, delivering FedRAMP High-compliant cloud services for the project. CGI Federal brings nearly four decades of global aviation experience to this modernization effort.

CGI reported strong Q2 fiscal 2025 results with revenue exceeding $4.02 billion, up 7.6% year-over-year. The company achieved a 3.3% growth in constant currency, with net earnings of $429.7 million and adjusted diluted EPS of $2.12, up 7.6% from last year.

Key highlights include bookings of $4.48 billion with a book-to-bill ratio of 111.5%, and a substantial backlog of $30.99 billion. The company maintains a strong financial position with cash from operations at $438.2 million, representing 10.9% of revenue.

CGI expanded its restructuring program, particularly in Continental Europe operations, incurring $44.2 million in costs this quarter. The company's workforce stands at 94,000 professionals worldwide. The Board approved a quarterly dividend of $0.15 per share, payable on June 20, 2025.

CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB), has unveiled its new Fraud, Waste and Abuse (FWA) Prevention Platform designed for U.S. federal government agencies. The platform, developed with TrackLight Inc. and running on AWS, integrates real-time risk identification and AI-powered analytics to prevent improper payments.

The solution features continuous transaction monitoring through advanced fraud analytics, utilizing predictive models trained on over 3,000 fraud schemes. Currently available for clients using CGI's Momentum solution, the platform will expand to support other major core financial systems in the future.

CGI's Momentum system, currently serving more than 180 federal government organizations across all three branches, complies with Treasury's Financial Management Capability Framework and has been available on the FM QSMO since 2023.

CGI (NYSE: GIB) has announced it will release its second quarter fiscal 2025 financial results on Wednesday, April 30, 2025, before markets open. The company will host a conference call at 9:00 a.m. (EDT) featuring President and CEO François Boulanger and CFO Steve Perron to discuss the results and answer questions.

Interested parties can join the conference call using 1-800-717-1738 (Conference ID: 95409). A replay will be available until May 30, 2025, by dialing +1-888-660-6264 (Passcode: 95409). The quarterly results conference call will also be accessible via live webcast through the IR section of CGI's website, where a replay and supporting slides will be archived. A podcast replay will also be made available later that day.

CGI (NYSE: GIB) has announced that its CGI Advantage® Enterprise Resource Planning (ERP) solution has become the first and only ERP solution to achieve GovRAMP Authorized status. The State of Arizona served as the government sponsor for this authorization, ensuring compliance with rigorous cybersecurity standards.

This certification provides a common method for validating cloud security providers and ensures protection of sensitive data including PII, PHI, and PCI information. The solution complies with security standards established by the National Institute of Standards and Technology (NIST), offering streamlined compliance and enhanced data security.

CGI Advantage ERP continues its pioneering role in public sector solutions, marking several firsts: first government-specific ERP, first ERP deployed in both FedRAMP and GovRAMP Authorized environments, and now the first to achieve GovRAMP Authorized status.

CGI (NYSE: GIB) has announced an expansion of its Universal Virtual Flight Data Recorder (UVFDR) initiative into CGI VirtualFlightRecorder, a new AWS-based solution for enhancing aviation safety globally. The project, developed with support from the European Space Agency and UK Space Agency, aims to improve operational efficiency and ensure compliance with global aeronautics distress and safety standards.

The solution replicates traditional Black Box functionality in a cloud-based environment, featuring improved data resilience in emergencies, global standards compliance, seamless operational integration, and enhanced data integrity. Key features include satellite data transmission for emergency scenarios, blockchain technology for data security, and real-time data transmission capabilities.

The system is designed for commercial air transport, business aviation, and advanced air mobility sectors, offering cost-effective storage of authenticated flight data for aircraft operators, manufacturers, and regulators.