By Adriano Marchese CAE on Wednesday reported a decline in profit due to higher restructuring and acquisition costs in its third quarter, while revenue grew.
The flight simulator company says it earned net income attributable to equity holders of $58.4-million or 18 cents per share for the quarter ended Sept. 30
By Robb M. Stewart CAE's earnings beat market expectations in the latest quarter thanks to a higher contribution from the simulation-technology provider's.
CAE chief executive Marc Parent says the decision better positions the company to secure the many attractive growth opportunities on the horizon in its much larger, core simulation and training markets