CAE’s Profit Falls 30% In Third Quarter Fiscal 2024

CAE
Credit: Alamy Stock Photo
CAE Inc. recorded a 30% annual decrease in profit in the third quarter of fiscal 2024 due to a lackluster performance by its defense business. The company’s net income fell to C$61 million ($45 million), or C$0.18 per share, compared with C$77.9 million, or C$0.24 per share, during the same period a...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

Subscription Required

 

CAE’s Profit Falls 30% In Third Quarter Fiscal 2024 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.