“Most projects that had been delayed have been resumed,” Raymond said. That was despite a more serious impact in Europe, where revenue for the Canadian Dynamics reseller fell to $2 million for the most recently ended quarter, a drop of 38.3 percent from $3.3 million a year earlier. In its official statement, Alithya said the response “cut spending at “a few of the Company's largest Canadian clients” compared to a year ago.” However, results were buoyed by a serious of acquisitions in fiscal 2020—the purchases of Matricis Informatique, Travercent, and Askida. The result was the loss nearly tripled to $4.5 million for the most recently ended quarter, compared to a loss of $1.5 million a year earlier. Revenue for the first quarter of $70.7 million was 2 percent lower than the $72.1 million in last year’s corresponding period.