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 r ...

CAE Inc. (NYSE:CAE) Q4 2024 Earnings Conference Call May 28, 2024 8:00 AM ET Company Participants Andrew Arnovitz - Senior Vice President, Investor Relations and Enterprise Risk Management Marc Parent - President and Chief Executive Officer Sonya Branco - Executive Vice President, Finance, and Chief Financial Officer Nick Leontidis - Chief Operating Officer Conference Call Participants Kevin Chiang - CIBC James McGarragle - RBC Capital Markets Benoit Poirier - Desjardins Capital Markets Konark Gupta - Scoti ...

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 ...

CAE INC. CONSOLIDATED FINANCIAL STATEMENTS Management’s Report on Internal Control Over Financial Reporting 1 Report of Independent Registered Public Accounting Firm 2 Consolidated Financial Statements Consolidated income statement 5 Consolidated statement of comprehensive income 6 Consolidated statement of financial position 7 Consolidated statement of changes in equity 8 Consolidated statement of cash flows 9 Notes to the Consolidated Financial Statements Note 1 - Nature of operations and summary of mater ...

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 maximum number of common shares that may be repurchased under the program represents approximately five percent (5%) of the issued and outstanding common shares of CAE. The actual number ...

Financials unchanged from previously disclosed preliminary resultsMONTREAL, 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 previously identified fix ...

Analysts on Wall Street project that CAE (CAE) will announce quarterly earnings of $0.25 per share in its forthcoming report, representing a decline of 3.9% year over year. Revenues are projected to reach $863.18 million, declining 7.1% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 4.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during t ...

MONTREAL, May 23, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE will release its fourth quarter and full-year FY2024 financial results on Monday, May 27, 2024, after market close. A conference call will be held on Tuesday, May 28, 2024, at 8 a.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook. Marc Parent, CAE's President and Chief Executive Officer, Nick Leontidis, CAE's Chief Operating Officer, Sonya Branco, CAE's Executive Vice Presiden ...