CGI Inc. GIB-A-T reported a first-quarter profit of $442-million, up from $438.6-million a year earlier, as its revenue rose nearly eight per cent.
The business and technology consulting firm says the profit amounted to $2.03 per diluted share for the quarter ended Dec. 31, up from $1.92 per diluted share a year earlier.
Revenue for the three-month period totalled $4.08-billion, up from $3.79-billion.
On an adjusted basis, CGI says it earned $2.12 per diluted share in its most recent quarter, up from $1.97 per diluted share a year earlier.
Earlier this week, CGI announced a collaboration deal with OpenAI that will see it expand the use of artificial intelligence across its business and help clients adopt it in their operations.
CGI has 94,000 consultants and professionals across the globe that provide business and technology consulting services.
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