Alithya reports strong cash flow generation and margins amid the COVID-19 pandemic
(WorldNews Europe)

Q1-2021 Highlights Revenues decreased 2.1% to $70.7 million, compared to $72.2 millionfor the same quarter last year New bookings(1) totaled $80.5 million, which translated into a book-to-bill ratio(1) of 1.14 for the quarter Gross margin percentage decreased to 28.9%, from 29.3% for the same quarter last year, and increased sequentially from 28.6% for the fourth quarter of fiscal 2020 Adjusted EBITDA(1) reached $3.3 million, an 8.0% improvement over the same quarter last year and a 62.2% increase sequentially from the fourth quarter of fiscal 2020 Net loss of $4.5 million, or $0.08per share, compared to a loss of $1.5 million, or $0.03per share, for the same quarter last year Net cash from...