Obamacare software contractor CGI posts better than expected profit

[n2doc]

By Alastair Sharp

TORONTO (Reuters) - CGI Group Inc (GIBa.TO: Quote), the main contractor for the flawed website of President Barack Obama's healthcare program, said its pipeline of orders was strong despite the negative publicity from the project.

Shares in the Canadian software company jumped 7 percent after CGI posted a better-than-expected adjusted quarterly profit on Thursday.

CGI is at the center of a political storm in Washington over the rollout of the HealthCare.gov website, through which uninsured Americans can sign up for health insurance.

Because of technical glitches since the launch of HealthCare.gov on October 1, just a tiny fraction of the hoped-for millions have signed up for insurance on the website, the Obama administration said on Wednesday.

CGI said bookings in its U.S. government business were strong, despite the website issues and the 17-day partial government shutdown in October.

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http://ca.reuters.com/article/businessNews/idCABRE9AD0LB20131114

[AndyA]

1. What a surprise.

The United States should demand a refund for the shoddy website this company provided, and all other contracts with this company should be placed under review.

Priority should be given to AMERICAN BUSINESSES in all government contracts. It's ridiculous to outsource jobs to other countries when there are companies in America capable of doing the work.

[msongs]

2. makes millions by suckering the feds and delivering a crap product. sounds like a winner! nt