CAE, Inc. (CAE) Tops Q4 EPS by 2c

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CAE reports fourth quarter and full fiscal year 2021 results

May 19, 2021 8:30 AM EDT

MONTREAL, May 19, 2021 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) -  CAE today reported annual revenue of $3.0 billion, compared to $3.6 billion last year. Annual operating income(1) was $48.4 million and adjusted segment operating income(2) was $280.6 million compared to $590.4 million last year. Adjusted segment operating income excluding COVID-19 government support programs(3) was $153.2 million this year. Annual net loss attributable to equity holders was $47.2 million (negative $0.17 per share) compared to net income of $311.4 million ($1.16 diluted earnings per share) in fiscal year 2020. Adjusted net income(4) was $127.1 million ($0.47 per share(5)) this year, compared... More