MONTREAL — CAE Inc. reported a fourth-quarter profit compared with a loss a year earlier as its revenue rose 13 per cent.
The flight-simulator maker says its profit attributable to equity holders amounted to $135.9 million or 42 cents per share for the quarter ended March 31.
The result compared with a loss of $504.7 million or $1.58 per share in the same quarter last year.
On an adjusted basis, CAE says it earned 47 cents per share in its latest quarter compared with an adjusted profit of 12 cents per share a year earlier.
Revenue for the quarter totalled $1.28 billion, up from $1.13 billion.
The increase came as civil aviation revenue amounted to $728.4 million, up from $700.8 million a year earlier, while defence and security revenue totalled $547.0 million, up from $425.5 million.
This report by The Canadian Press was first published May 14, 2025.
Companies in this story: (TSX:CAE)
The Canadian Press
