Upgrade to SI Premium - Free Trial

CAE, Inc. (CAE) Reports Q3 EPS of C$0.25

February 14, 2017 8:33 AM

CAE, Inc. (NYSE: CAE) reported Q3 EPS of C$0.25, versus C$0.21 reported last year. Revenue for the quarter came in at C$682.7 million, versus C$616.3 million reported last year.

"Our strong performance in the third quarter was led by Civil, with robust growth and order activity, and higher utilization of our training centres," said Marc Parent, CAE's President and Chief Executive Officer. "In addition to the continued solid progress in Civil, I am pleased to see that our strategy in Defence, to pursue a pipeline of comprehensive programs as a Training Systems Integrator, is bearing fruit. As testimony to CAE's vision to be the recognized global training partner of choice, Defence orders this quarter, including options, were more than $1 billion. And for CAE overall, we reached a new record $7.4 billion order backlog, further augmenting the Company's substantial base of recurring business."

For earnings history and earnings-related data on CAE, Inc. (CAE) click here.

Categories

Earnings Guidance Management Comments

Next Articles