CGI Inc. (GIB.A) shares rose more than 1% after the IT and business consulting services firms posted higher profits in the second quarter despite lower revenues. CGI’s revenue came in at C$3.08 billion for the quarter ended March 31, slightly down from C$3.13 billion in the prior-year quarter. However, bookings were up 40% year-over-year, reaching C$3.89 billion in the second quarter. Meanwhile, 2Q 2021 net earnings were C$341.2 million, up 8.4% from the same period last year. Diluted EPS increased 13.6% to C$1.34. Excluding specific items, net earnings came in at C$341.9 million in 2Q 2021, while diluted EPS increased 7.1% to C$1.35. CGI’s President and CEO George D. Schindler said, "CGI delivered another strong quarter underscored by solid margins, robust cash generation, and positive revenue trends. The ability of our talented consultants to deliver the right insights and solutions to our clients is clearly visible in the 40% year-over-year increase in total booki