CGI May Be Seeing Green Shoots of Organic Growth -- Market Talk

Dow Jones

2025/01/31

1402 ET - The progress of CGI's systems integration and consulting business in F1Q may be an early sign of a turnaround, according to Raymond James' in a note. Analyst Steven Li says it's still early, but a pick up in this segment is critical to organic growth acceleration. He notes that SI&C recovered to 114% book-to-bill from 85% last quarter. But he also cautions that this could be a one-off. "One quarter does not a trend make but the improved SI&C bookings (+2% y/y) is notable and may suggest a bottom," Li says. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

January 30, 2025 14:02 ET (19:02 GMT)

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(adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 30, 2025 14:02 ET (19:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4134","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507742816","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507742816","pubTimestamp":1738263720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1402 ET - The progress of CGI's systems integration and consulting business in F1Q may be an early sign of a turnaround, according to Raymond James' in a note. Analyst Steven Li says it's still early, but a pick up in this segment is critical to organic growth acceleration. He notes that SI&C recovered to 114% book-to-bill from 85% last quarter. But he also cautions that this could be a one-off. \"One quarter does not a trend make but the improved SI&C bookings  is notable and may suggest a bottom,\" Li says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4134":"信息科技咨询与其它服务","CGI":"萨拉东","GIB":"CGI Group Inc Cl A"},"translate_title":"CGI可能正在看到有机增长的萌芽——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CGI":1,"GIB":0.9},"content_text":"1402 ET - The progress of CGI's systems integration and consulting business in F1Q may be an early sign of a turnaround, according to Raymond James' in a note. Analyst Steven Li says it's still early, but a pick up in this segment is critical to organic growth acceleration. He notes that SI&C recovered to 114% book-to-bill from 85% last quarter. But he also cautions that this could be a one-off. \"One quarter does not a trend make but the improved SI&C bookings (+2% y/y) is notable and may suggest a bottom,\" Li says. (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 14:02 ET (19:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}