MONTREAL - CGI Inc. says its first-quarter profit fell compared with a year ago as it was hit by one-time restructuring costs and integration expenses. The technology and business consulting firm says it earned $290.2 million or $1.06 per diluted share for the quarter ended Dec. 31. That compared with a profit of $311.5 million or $1.11 per diluted share in the same period a year earlier. CGI says its first-quarter results included $16.5 million in acquisition-related and integration costs and $28.2 million in restructuring expenses. Excluding specific items, CGI says it earned $1.23 per diluted share for the quarter, up from $1.12 per diluted share a year ago.

Source: thestar January 29, 2020 13:52 UTC