Alithya: Defying Margin Erosion, Attractive For Passive Investors
Alithya(ALYA) seekingalpha.com·2024-05-17 19:28
Thomas Barwick/DigitalVision via Getty Images My previous coverage of Alithya (OTC:ALYAF) (TSX:ALYA:CA) was around its first fiscal quarter 2024 earnings result release. In that article, I covered the headwinds faced by tech consulting businesses, as most of their clients had been forced to cut down discretionary IT spending post-Covid boom, and the effect this had on Alithya's flat lined top line for several quarters. At last coverage, the bottom line, though unprofitable, saw improvements over the previou ...