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ALITHYA U.S. REVS UP 36 PERCENT Featured

Revenue from the United States operations rose 36.1 percent for Alithya for the year ended March 31.

Revenue in this country grew to about $142.2 million as two acquired businesses benefited from the operations of Vitalyst and Datum, which were purchased in calendar 2022. Overall, the Canada-based Oracle and Microsoft reseller reported a loss of about $22.6 million, more than double the loss for fiscal 2022. Revenue reached approximately $391.4 million, rising 19.4 percent from the prior year. CEO PaulRaymond said Alithya’s pipeline continued to grow, noting 80 percent of revenue was from existing clients. He added, “the enterprise solutions implementation business had a great quarter.” Raymond also pointed to good performance in the healthcare sector for its Oracle products and in manufacturing for Dynamics.

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