NEW YORK, June 08, 2024 (GLOBE NEWSWIRE) -- Top securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CAE, Inc. (NYSE: CAE) for potential violations of the federal securities laws. If you invested in CAE, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/cae-inc-investigation. Click here for more information: https://www.bfalaw.com/cases/cae-inc-investigation. https://www.bfalaw.com/cases/cae-inc-investigation https://www.bfalaw.com/cases/c ...

What Can You Do? If you invested in CAE, Inc. you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Top securities law firm Bleichmar Fonti & Auld LLP announces an investiga ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Top securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CAE, Inc. (NYSE: CAE) for potential violations of the federal securities laws. If you invested in CAE, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/cae-inc-investigation. Why Did CAE's Stock Drop? On May 21, 2024, CAE announced preliminary earnings for Q4 2024 and that it initiated a "re-baselining" of its defense business because of e ...

OTTAWA, ON, May 30, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE today announced that CAE Defense & Security has been awarded a contract from General Atomics Aeronautical Systems, Inc. (GA-ASI) to support the MQ-9B SkyGuardian® Remotely Piloted Aircraft Systems (RPAS) acquired by the Government of Canada. The minimum contract value is $250M for the initial 9 years with additional option years over the total period of performance. Under the terms of the contract, CAE will deliver aircrew and maintenance te ...

MONTREAL, May 29, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE announced that its SkyAlyne joint venture was today awarded a C$11.2-billion, 25-year contract for Canada's Future Aircrew Training (FAcT) Program. "CAE has proudly worked alongside the Royal Canadian Air Force (RCAF) for more than 75 years to design and deliver training, services, and technologies that support the mission readiness of Canada's aviators," said Marc Parent, CAE's President and Chief Executive Officer. "Today's announcement re ...

For the year, consolidated revenue was up 7% at $4.3 billion. Adjusted segment operating income was up 2% to $549.7 million and annual adjusted net income was $276.8 million, or $0.87 per share, which is stable compared to $0.87 last year. Excluding legacy contracts, adjusted segment operating income was up 19% to $640 million and annual net adjusted net income was $355.3 million or $1.12 per share, which is up 29% compared to last year. With the closing of the sale of our Healthcare business, net income fr ...

CAE (CAE) reported $835.47 million in revenue for the quarter ended March 2024, representing a year-overyear decline of 10.1%. EPS of $0.09 for the same period compares to $0.26 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $863.18 million, representing a surprise of -3.21%. The company delivered an EPS surprise of -64.00%, with the consensus EPS estimate being $0.25. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

When CAE Inc. and its subsidiaries have a long-term intercompany balance receivable from or payable to a foreign operation for which settlement is not planned in the foreseeable future, such item is considered, in substance, a part of the Company's net investment in that foreign operation. Gains or losses arising from the translation of those intercompany balances denominated in foreign currencies are also included in OCI. | --- | --- | --- | |--------------------------------|------------------------------- ...

MONTREAL, May 27, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. today announced that it has received regulatory approval to proceed with its previously-announced normal course issuer bid ("NCIB") to purchase, for cancellation, up to 15,932,187 of its common shares commencing May 30, 2024 and ending May 29, 2025. The average daily trading volume of CAE's common shares through the facilities of the TSX over the last six completed calendar months was 605,257 ("ADTV"). Accordingly, under the TSX Rules a ...

Consolidated results Financials unchanged from previously disclosed preliminary results MONTREAL, May 27, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today reported its financial report for the fiscal year ended March 31, 2024. Financial results are unchanged from preliminary data that CAE disclosed on May 21, 2024, including the re-baselining of the Defense & Security business along with Defense & Security impairments and unfavourable contract adjustments related to eight pre ...