Canada was the main culprit as revenue for the company’s home country dropped by 15.4 percent year over year, overcoming a 3-percent rise in operations in the United States. The loss was cut to $2.8 million for the most recently ended quarter, compared to a loss of $7.2 million a year ago. Revenue was $120.9 million, down from $131.6 million in last year’s corresponding period. U.S. revenues rose to $50.7 million from $49.2 million, which included a $900,000 currency gain. Revenues in Canada fell to $65.1 million from $77 million, with the company once again citing reduced investments in the banking sector as one factor. In this week’s earnings webcast, CEO Paul Raymond discussed the market trends this way: “It's pretty stable right now. We are not seeing a rapid increase. We are not seeing a rapid decrease. Alithya executives remain optimistic with the three-year plan calling for annualized organic growth of between 5 percent and 10 percent and the expected acquisition of businesses with $150 million in revenue.