CAE, Inc. (CAE) Misses Q2 EPS by 2c

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Go back to CAE, Inc. (CAE) Misses Q2 EPS by 2c

CAE reports second quarter fiscal 2018 results

November 10, 2017 8:15 AM EST

MONTREAL, CANADA -- (Marketwired) -- 11/10/17 -- (NYSE: CAE)(TSX: CAE) - CAE today reported revenue of $646.0 million for the second quarter of fiscal year 2018, compared with $635.5 million in the second quarter last year. Second quarter net income attributable to equity holders from continuing operations was $65.2 million ($0.24 per share) compared to $48.3 million ($0.18 per share) last year. Excluding the gain on the divestiture of the Zhuhai Flight Training Centre (ZFTC), net income in the second quarter would have been $58.2 million ($0.22 per share).

Second quarter total segment operating income was $109.3 million... More