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Alithya Group Inc. - ALYA STOCK NEWS

Welcome to our dedicated page for Alithya Group news (Ticker: ALYA), a resource for investors and traders seeking the latest updates and insights on Alithya Group stock.

Alithya Group Inc. (TSX: ALYA, NASDAQ: ALYA) delivers strategic IT solutions and organizational management services across North America and Europe. This news hub provides investors and industry professionals with essential updates on corporate developments, financial strategies, and market positioning.

Access timely reports on shareholder value initiatives like the renewed Normal Course Issuer Bid program, expansion updates including the new Austin technology hub, and recognition of industry leadership through awards like Microsoft's Inner Circle. Stay informed about strategic financial decisions such as TSX consolidation and credit facility enhancements.

Our curated collection features earnings announcements, merger updates, leadership changes, and innovation milestones. Bookmark this page for reliable updates on Alithya's digital transformation expertise, ethical business practices, and commitment to sustainable growth in the technology sector.

News

Alithya to release third quarter fiscal 2024 financial results on February 14

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Alithya Group Inc. (ALYA) will release its financial results for the third quarter fiscal 2024 on February 14, 2024. The company will host a conference call for the financial community at 9:00 a.m. (Eastern time) and provide access to financial statements, MD&A, press release, and presentation on its website. A replay will be available for those unable to participate in the live call.
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Alithya to consolidate trading on the TSX and announces voluntary delisting from Nasdaq

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Alithya Group inc. (ALYA) has announced its intention to voluntarily delist its Class A subordinate voting shares from the Nasdaq Capital Market while maintaining its listing on the Toronto Stock Exchange. The company believes the limited benefits of being dual-listed no longer justify the additional expenses and administrative efforts, redirecting cost savings to further advancing the business.
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Alithya increases and extends its revolving credit facility

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Alithya Group Inc. (TSX: ALYA) (NASDAQ: ALYA) announced an Amended and Restated Credit Agreement increasing its existing revolving credit facility to CAD 140 million and its uncommitted accordion to CAD 50 million. The term has been extended to April 1, 2026, with the possibility of further extensions. Chief Financial Officer Claude Thibault expressed gratitude towards the lending syndicate for their commitment, emphasizing the strength and sustainability of the company.
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Alithya reports second quarter fiscal 2024 results

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Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) reported its Q2-2024 financial results, with revenues decreasing by 8.1% to $118.5 million, gross margin decreasing by 7.9% to $34.8 million, and adjusted EBITDA decreasing by 31.6% to $6.5 million. The net loss was $9.2 million, and the company saw an increase in adjusted net loss amounting to $0.2 million. The Q2 bookings reached $109.7 million, with a Book-to-Bill Ratio of 0.93 for the quarter. Alithya signed 36 new clients, and the backlog represented approximately 16 months of trailing twelve-month revenues. The company's CEO, Paul Raymond, expressed optimism regarding the progress on gross margin performance and a continued focus on reducing selling, general, and administrative spending.
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Alithya to release second quarter fiscal 2024 financial results on November 14

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Alithya Group Inc. will disclose its financial results for Q2 fiscal 2024 on November 14, 2023. The conference call and Q&A session will be held at 9:00 a.m. (Eastern time). The financial statements, MD&A, press release, and presentation will be posted on Alithya's website. A replay will be available until December 14, 2023.
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Alithya attains prestigious Microsoft Inner Circle award for the 18th year

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Alithya Group Inc. receives Microsoft Business Applications 2023/2024 Inner Circle award for the 18th year.
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Alithya to co-present with Hanger at Oracle CloudWorld 2023

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Alithya Group Inc. announces its participation in Oracle CloudWorld 2023, showcasing success in Oracle Cloud applications implementation. Alithya will co-present with Hanger, Inc. on their Oracle Cloud implementation experience. Alithya is a 25-year Oracle Partner with expertise in EPM, ERP, HCM, and SCM solutions.
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Alithya opens new office in Austin, Texas

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Alithya Group Inc. announces opening of new office in Austin, Texas
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Alithya announces directors'; election results

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Alithya Group holds annual general meeting of shareholders
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Alithya renews its normal course issuer bid

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Alithya renews its normal course issuer bid
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Alithya Group Inc.

Nasdaq:ALYA

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ALYA Stock Data

106.98M
66.58M
22.77%
40.04%
0.24%
Information Technology Services
Technology
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Canada
Montreal