Wednesday, January 29, 2014

CGI Group brushes off loss of Obamacare deal; profit surges

TORONTO (Reuters) - Canadian software company CGI Group Inc , which lost the contract to manage the U.S. healthcare enrollment website it helped build, posted a 38 percent rise in quarterly profit on Wednesday. The Montreal-based company had a net profit of C$189.8 million ($170 million), or 60 Canadian cents a share, compared with C$137.8 million, or 44 cents a share, a year earlier. It said revenue rose 4.4 percent to C$2.6 billion. ($1 = 1.1169 Canadian dollars) (Reporting by Alastair Sharp; Editing by Jeffrey Benkoe)



via Health News Headlines - Yahoo News http://ift.tt/1b4fqtu

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