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CGI Inc - GIB STOCK NEWS

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

Overview

CGI Inc. is a globally recognized IT and business consulting services provider with decades of expertise in digital transformation, systems integration, and managed IT solutions. As one of the largest independent firms in the industry, CGI leverages its extensive network and deep technical know‐how to deliver tailored solutions that enhance operational efficiency across a diverse client base, including government agencies, financial institutions, healthcare organizations, and large enterprises.

Core Services and Capabilities

CGI offers a comprehensive portfolio of services designed to meet today’s complex technology challenges. Its core offerings include strategic IT consulting, systems integration, application maintenance, and business process services. These integrated solutions enable clients to manage and optimize their IT environments effectively, ensuring reliable performance and enhanced productivity through state-of-the-art digital transformation initiatives.

Market Position and Global Reach

Operating in over 40 countries with a robust global delivery network, CGI is uniquely positioned to serve both local and international markets. The company’s model of combining localized client relationships with worldwide service capabilities ensures that each client receives personalized and high-quality service. This approach has solidified CGI's reputation as a trusted and innovative partner in the competitive IT services landscape.

Industry Expertise and Innovative Solutions

With deep expertise in advanced technologies, CGI integrates artificial intelligence, data analytics, and automation into its service offerings. The company’s commitment to innovation is reflected in its tailored digital transformation projects, which address complex business challenges through precise, cutting-edge solutions while maintaining a focus on operational resiliency and efficiency.

Commitment to Excellence and Trusted Partnerships

The success of CGI is anchored by its team of highly skilled consultants and professionals, whose experience and accountability underpin every project. By fostering a culture of continuous improvement and leveraging a well-established local relationship model, CGI not only drives business outcomes for its clients but also sustains a legacy of trust, expertise, and reliability in the global IT consulting arena.

News

CGI announces a 10-year strategic partnership with Alimentation Couche-Tard

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CGI announces a 10-year, C$380 million strategic partnership with Alimentation Couche-Tard to deliver managed IT services. The partnership will enhance Couche-Tard's customer and employee experience, speed to market, and technical skills. CGI will provide comprehensive IT services and infrastructure support. The agreement aims to improve operational efficiency and optimize costs.
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CGI Federal to continue multi-year digital records build for U.S. Citizenship and Immigration Services

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CGI Federal awarded $159 million task order for ongoing development of USCIS digital immigration records systems
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State of Wyoming launches CGI Advantage®

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CGI successfully implements its cloud-based solution, CGI Advantage®, in the State of Wyoming, unifying Human Resources, Payroll, and Financial Management. The implementation eliminated all customizations, reduced costs, and increased efficiencies across government branches. Wyoming will now benefit from the latest technology without managing upgrades.
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State, local leaders join CGI for grand opening of Onshore Delivery Center in Knoxville, Tennessee

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CGI opens new U.S. onshore delivery center in Knoxville, Tennessee, creating 300 high-quality jobs by 2026. The expansion meets the growing demand for IT services and supports the digital transformation of government and commercial clients. CGI has been partnering with the University of Tennessee and regional entrepreneurship organizations to promote workforce development and tech entrepreneurship.
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CGI Federal's Momentum first Core Financial Management solution to pass the U.S. Treasury Department's Financial Management Shared Services Marketplace evaluation

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CGI Inc. (NYSE: GIB) (TSX: GIB.A) announced that its Momentum® software is the first commercial core financial system approved by the U.S. Department of Treasury's Financial Management Quality Service Management Office (FM QSMO). The solution is now available to federal agencies on the U.S. General Services Administration (GSA) Multiple Award Schedule (MAS) under Special Item Number (SIN) 518210FM for FM QSMO Core Financial Management (FM) Solutions and IT Professional Services. CGI Federal's Momentum solution provides robust capabilities, ensuring compliance, streamlining financial management and acquisition processes, and leveraging analytics and data for critical insights.
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CGI reports strong third quarter Fiscal 2023 results

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CGI (GIB.A) Reports Strong Q3-F2023 Results with 11.2% Revenue Growth and 15.9% Increase in Diluted EPS. The company's Q3-F2023 performance highlights include revenue of $3.62 billion, up 11.2% year-over-year, and a diluted EPS of $1.75, up 15.9% year-over-year. CGI's diverse portfolio of geographies, industries, and services serve as a resilient foundation for profitable growth in the current macro-economic environment.
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CGI to invest $1 billion on expansion of AI capabilities to help clients design and deliver responsible, ROI-led strategies

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CGI (NYSE: GIB) (TSX: GIB.A) to Invest $1 Billion in AI Services and Solutions
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CGI to release third quarter fiscal 2023 results on July 26

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CGI (TSX: GIB.A) (NYSE: GIB) to release Q3 fiscal year 2023 results on July 26, 2023. The conference call will feature George D. Schindler, President and CEO, and Steve Perron, EVP and CFO. Interested parties can access a replay of the call and a live webcast through the company's website.
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ROI-led digital transformation leads the C-suite business agenda

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CGI's global research reveals that digitization is driving business model reconfiguration at record levels. Two-thirds of executives say it has a high impact on their organization. However, just 1 in 5 executives say their organization's business models have a high degree of agility to address digitization. Over 90% of executives have digital strategies, but only 30% state their organizations are producing expected results. CGI's research also shows a correlation between business model agility and digital strategy results.
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Forbes names CGI a 2023 Best Employer for New Graduates

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CGI has been selected by Forbes as one of America's Best Employers for New Graduates. The company is recognized for providing resources and opportunities for recent graduates to grow their careers. CGI's collaborative culture and various programs create an approachable environment for new hires.
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FAQ

What is the current stock price of CGI (GIB)?

The current stock price of CGI (GIB) is $105.76 as of April 22, 2025.

What is the market cap of CGI (GIB)?

The market cap of CGI (GIB) is approximately 23.1B.

What core services does CGI Inc offer?

CGI provides a range of services including IT consulting, systems integration, application maintenance, and business process services. These offerings are designed to help organizations manage complex IT environments and drive digital transformation.

How does CGI generate its revenue?

CGI generates revenue through its diversified service portfolio, which includes consulting engagements, systems integration projects, and managed IT services. Its revenue streams span multiple sectors such as government, finance, healthcare, and other large enterprises.

Which industries does CGI serve?

CGI serves a wide array of industries including government, financial services, healthcare, manufacturing, and retail. This diverse industry focus allows the company to tailor its solutions to the unique needs of each sector.

How is CGI positioned in the global IT consulting market?

With operations in over 40 countries and a comprehensive global delivery network, CGI is well positioned to support both local and global clients. Its extensive expertise and trusted service model have established CGI as a reliable advisor in digital transformation and IT consulting.

What differentiates CGI from its competitors?

CGI distinguishes itself through a strong focus on connecting localized client relationships with a powerful global delivery model. This integrated approach, combined with deep technical expertise and continuous innovation, ensures that CGI delivers tailored and effective IT solutions.

How does CGI support digital transformation initiatives?

CGI leverages advanced technologies such as artificial intelligence, data analytics, and automation to support digital transformation. By providing end-to-end services, the company helps clients modernize their IT infrastructures and achieve measurable improvements in efficiency.

What is CGI's approach to maintaining strong client relationships?

CGI employs a local relationship model that is supported by a global network of delivery centers. This ensures that clients receive personalized attention and high-quality service, building long-term partnerships based on trust and consistent performance.

How does innovation play a role in CGI's service offerings?

Innovation is integral to CGI’s approach, with a focus on incorporating emerging technologies and industry best practices into its projects. This commitment to innovation ensures that clients benefit from state-of-the-art technology solutions that are both efficient and scalable.
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CGI Inc

NYSE:GIB

GIB Rankings

#385 Ranked by Market Cap
#2030 Ranked by Dividends

GIB Stock Data

23.14B
202.24M
0.27%
70.18%
0.93%
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