MONTREAL (AP) _ CGI Group Inc. (GIB) on Wednesday reported fiscal first-quarter earnings of $281.7 million.
On a per-share basis, the Montreal-based company said it had profit of $1.18. Earnings, adjusted for non-recurring costs, came to $1.22 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The information technology and business process services company posted revenue of $2.54 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.46 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIB at https://www.zacks.com/ap/GIB