CAE Inc. Aktie News

CAE to deliver initial training for air traffic controllers and flight service specialists at the new Air Traffic Services Training Centre in Montreal. Partnership increases training capacity at NAV CANADA across the country and is expected to support the training for over 500 additional students by 2028.

MONTREAL, April 4, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. today announced changes to its Defense & Security business unit's leadership team. Jason Goodfriend has been appointed Interim Group President, Defense & Security, effective immediately.

CAE Prodigy leverages Epic Games' Unreal Engine to enhance visuals for pilot training First Level D-qualified full flight simulator to use gaming technology in its visual system CAE Prodigy photos and videos are available on CAE's Multimedia Centre MONTREAL , March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training ...

CAE's third quarter revenues increased 13%, but operating income declined 14% and adjusted operating income declined 7%. The defense business saw 4% revenue growth, but operating income declined 17% and 18% on an adjusted basis. Despite these challenges, CAE is aiming to gain market share in the defense and security market and expects on-premise work to bolster results in Q4.

Oversold stocks are the equivalent of Wall Street's clearance sale. Many times, stores have too much inventory of certain products that are holding up valuable real estate.

MONTREAL , Feb. 16, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today announced the closing of the sale of its Healthcare business to Madison Industries for an enterprise value of C$311 million, subject to customary adjustments. This follows CAE's announcement on October 24, 2023, of the execution of a definitive agreement in respect of the transaction.

CAE Inc. (CAE) Q3 2024 Earnings Call Transcript

Revenue of $1,094.5 million vs. $969.9 million in prior year Earnings per share (EPS) from continuing operations of $0.18 vs.