CGI Reports Continuing Strong Growth in First Quarter of Fiscal 1999 - Revenue increased 189 percent, EBITDA 212 percent and earnings 268 percent.

Business Wire › January 27, 1999

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CGI Reports Continuing Strong Growth in First Quarter of Fiscal 1999 - Revenue increased 189 percent, EBITDA 212 percent and earnings 268 percent.

MONTREAL--(BUSINESS WIRE)--Jan. 27, 1999--CGI Group Inc.(TSE:GIB.A.) (ME:GIB.A.) (NYSE:GIB) CGI continued to achieve triple-digit revenue growth and increased profitability while maintaining a strong financial position in the first quarter of fiscal 1999. All dollar amounts are in Canadian dollars.

For the three months ended December 31,1998, CGI reported a 188.7 percent increase in revenue to $334.3 million, compared with $115.8 million in the same quarter of fiscal 1998. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 211.5 percent to ...

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