CAE, Inc. (CAE) Tops Q4 EPS by 2c
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CAE reports fourth quarter and full fiscal year 2016 results
May 19, 2016 8:40 AM EDTMONTREAL, CANADA -- (Marketwired) -- 05/19/16 -- (NYSE: CAE)(TSX: CAE) - CAE today reported revenue of $722.5 million for the fourth quarter of fiscal year 2016, representing 14% growth from the fourth quarter last year. Fourth quarter net income attributable to equity holders from continuing operations was $61.2 million ($0.23 per share) compared to $63.3 million ($0.24 per share) last year. Fourth quarter net income before specific items(5) was $72.8 million, or $0.27 per share, representing an EPS increase of 13% over the same period last year. Specific items this quarter include restructuring costs of $11.6 million (net after-tax) related to CAE's process... More
