CAE, Inc. (CAE) Tops Q1 EPS by 6c

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Go back to CAE, Inc. (CAE) Tops Q1 EPS by 6c

CAE reports first quarter fiscal 2017 results and announces dividend increase

August 10, 2016 9:10 AM EDT

MONTREAL, CANADA -- (Marketwired) -- 08/10/16 -- (NYSE: CAE)(TSX: CAE) - CAE today reported revenue of $651.6 million for the first quarter of fiscal year 2017, representing 17% growth over the first quarter last year. First quarter net income attributable to equity holders from continuing operations was $68.7 million ($0.25 per share) compared to $44.9 million ($0.17 per share) last year. First quarter net income before specific items(4) was $70.9 million, or $0.26 per share, which on the same basis, compares to $50.6 million ($0.19 per share) last year. Specific items this quarter of $2.2 million (net after-tax) mainly involve restructuring,... More