💨 Abstract

CAE Inc. reported a fiscal fourth-quarter net income of $94.7 million, a significant improvement from a loss in the same period last year. The company earned 29 cents per share, with adjusted earnings of 33 cents per share, beating Wall Street estimates of 32 cents per share. However, revenue of $888.4 million fell short of analysts' expectations of $909.3 million.

Courtesy: wtop.com