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Alithya named to CRN's MSP 500 List for 2025
Prnewswire· 2025-02-17 12:15
Core Insights - Alithya Group inc. has been recognized on the CRN Managed Service Provider (MSP) 500 list in the Elite 150 category for 2025, highlighting its position as a leading provider of managed services in North America [1][3]. Group 1: Recognition and Achievements - The CRN MSP 500 list is a comprehensive guide that identifies leading MSPs, with Alithya being acknowledged for its exceptional managed services that enhance business efficiency and optimize technology investments [1][2]. - Alithya's recognition in the Elite 150 category reflects its commitment to delivering managed services that empower clients across various industries, including financial services, manufacturing, and healthcare [3][4]. Group 2: Company Overview - Alithya is positioned as a trusted advisor in strategy and digital technology services, leveraging collective intelligence to develop practical IT solutions tailored to complex business challenges [4][5]. - The company emphasizes a straightforward business model that focuses on strategic consulting, enterprise transformation, and business enablement, avoiding industry jargon [5][6]. Group 3: Industry Context - The MSP 500 list categorizes providers into three sections: Pioneer 250, Elite 150, and Managed Security 100, showcasing a range of services from small businesses to enterprise-level solutions [2]. - The recognition by CRN underscores the importance of innovative managed services that allow clients to optimize their IT budgets and focus on core business activities [3].
Alithya sustains operational strength with continued solid margin improvement
Prnewswire· 2025-02-13 12:10
Q3-2025 Highlights Revenues decreased 3.9% to $115.8 million, compared to $120.5 million for the same quarter last year. On a sequential basis, revenues increased in all segments of the business, and by $4.3 million in aggregate, or 3.8%, from the second quarter of this year. 87% of revenues were generated from clients which we had in the same quarter last year. Gross Margin as a Percentage of Revenues(1) increased to 32.3%, a record level, compared to 31.3% for the same quarter last year, and from 30.6% fo ...
Alithya to release third quarter fiscal 2025 financial results on February 13
Prnewswire· 2025-01-28 21:30
MONTREAL, Jan. 28, 2025 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") will disclose on February 13, 2025, the financial results for its fiscal 2025 third quarter ended December 31, 2024.Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time).Financial statements, MD&A, press release, and presentation will be posted on the Investors page of Alithya's website.  Conference call Date: Thursday, February 13, 2025 T ...
Alithya Group (ALYAF) Q2 Earnings Surpass Estimates
ZACKS· 2024-11-14 15:10
Core Insights - Alithya Group reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, representing a 300% earnings surprise [1][2] - The company posted revenues of $81.75 million for the quarter ended September 2024, which was 7.09% below the Zacks Consensus Estimate and a decrease from $88.33 million year-over-year [2] - Alithya has surpassed consensus EPS estimates in all four of the last quarters, but has only topped revenue estimates once in the same period [2] Company Performance - Alithya shares have declined approximately 4.5% since the beginning of the year, contrasting with the S&P 500's gain of 25.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $91.34 million, and for the current fiscal year, it is $0.09 on revenues of $361.86 million [7] Industry Context - The Technology Services industry, to which Alithya belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Alithya's stock performance [5][6]
Alithya announces the appointment of Nicolas Lavoie as Chief Financial Officer
Prnewswire· 2024-11-14 12:16
MONTREAL, Nov. 14, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") announces today the appointment of Nicolas Lavoie as Chief Financial Officer, effective December 9, 2024.With nearly 30 years of experience with public and private multinational companies operating in the entertainment & technology, media, mining, and manufacturing sectors, Mr. Lavoie will lead the finance function of Alithya as it progresses through the implementation of its fiscal 2025-2027 strategic plan.Mr. Lavoie's extens ...
Alithya reports Q2 results and adjusted EBITDA margin improvement
Prnewswire· 2024-11-14 12:15
Q2-2025 Highlights Revenues decreased 5.9% to $111.5 million, compared to $118.5 million for the same quarter last year. 84% of revenues were generated from clients which we had in the same quarter last year. Gross margin decreased 1.9% to $34.1 million, compared to $34.8 million for the same quarter last year. Gross Margin as a Percentage of Revenues(1) increased to 30.6%, compared to 29.4% for the same quarter last year. Selling, general and administrative expenses decreased by $4.0 million, or 13.6%, to ...
Alithya's U.S. Expansion And AI Services Fuel Growth Opportunities
Seeking Alpha· 2024-10-28 10:46
Core Insights - Alithya has been navigating challenges in the tech consulting sector, including staffing issues and changing customer demands, while maintaining a stable sales performance [1] Company Summary - Alithya operates in the tech consulting business and has shown a marginal increase or decrease in sales despite facing various challenges [1] Industry Summary - The tech consulting industry is currently experiencing staffing challenges and evolving customer demands, which are impacting companies within the sector [1]
Alithya announces directors' election results
Prnewswire· 2024-09-10 22:18
MONTREAL, Sept. 10, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya" or the "Company") today held its annual general and special meeting of shareholders (the "Meeting") virtually. A total of 62,535,094 Class A subordinate voting shares and 7,274,248 Class B multiple voting shares were represented at the Meeting, representing approximately 83.80% of the total votes attached to all issued and outstanding shares as of July 15, 2024, the record date for the Meeting.Alithya's Board of Directors had ...
Alithya publishes third ESG Report
Prnewswire· 2024-09-10 11:00
MONTREAL, Sept. 10, 2024 /PRNewswire/ - Alithya Group inc. (TSX: ALYA) ("Alithya") is proud to disclose its fiscal 2024 ESG Report, with continued progress toward meeting its objectives.Highlights:Fiscal 2024 marked the furtherance of Alithya's commitment to doing the right thing:Earned Carbon Care Certification® in recognition of concrete actions to reduce our environmental impacts.Reduced our carbon emissions by 23% to 977 tonnes of CO2eq.Earned third consecutive Bronze-level Gender Parity Certification f ...
Alithya to host Investor Day on September 10 outlining 3-year strategic plan
Prnewswire· 2024-08-29 11:00
MONTREAL, Aug. 29, 2024 /PRNewswire/ - Alithya Group Inc. (TSX: ALYA) ("Alithya") will host a hybrid Investor Day in Montreal, Canada on Tuesday, September 10, 2024.The event will combine live introductions by Alithya's executive team with video presentations from senior management outlining the Company's core capabilities and industry-first approach to achieve the objectives of its 3-year strategic plan, which took effect on April 1, 2024.Time: The event will commence at 1:00 p.m. Eastern Time and is expec ...