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CAE Inc (CAE) Q3 2021 Earnings Call Transcript

Good day ladies and gentlemen. Welcome to the CAE Third Quarter Conference Call. [Operator Instructions]
I would now like to turn the meeting over to Mr. Andrew Arnovitz. You may now proceed Mr. Arnovitz.
Andrew Arnovitz
Good afternoon, everyone, and thank you for joining us today.
Before we begin, I d like to remind you that today s remarks, including management s outlook for FY21 and answers to questions contain forward-looking statements. These forward-looking statements represent our expectations as of today, February 12, 2021 and accordingly are subject to change. Such statements are based on assumptions they may not materialize and are subject to risks and uncertainties. Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risks, factors and assumptions that may affect future results is contained in CAE s Annual MD&A available on our corporate website and in ....

United States , New Zealand , United Kingdom , Heidi Wood , Andrew Arnovitz , Dan Gelston , Cameron Doerksen , Kevin Chiang , Konark Gupta , Benoit Poirier , Sonya Branco , Noah Poponak Goldman Sachs , Noah Poponak , Benoit Poirier Desjardins , Fadi Chamoun , Konark Gupta Scotiabank , Elizabeth Grenfell , Us Air , Us Army Futures , Goldman Sachs , Aircraft Pilot Training Services , Cameron Doerksen National Bank Financial Analyst , Us Air Force , National Bank Financial , Elizabeth Grenfell Bank , Cae Inc ,

CAE reports third quarter fiscal 2021 results

CAE reports third quarter fiscal 2021 results
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Revenue of $832.4 million up 18% vs. second quarter and down 10% vs. third quarter last year
EPS of $0.18 ($0.22 before specific items
(1)) vs. negative $0.02 ($0.13 before specific items) in the second quarter and $0.37 ($0.37 before specific items) in the third quarter last year
Operating profit
(2) of $82.9 million vs. $28.2 million in the second quarter and $154.9 million in the third quarter last year
Segment operating income before specific items
(3) of $97.2 million vs. $79.3 million in the second quarter and $157.2 million in the third quarter last year
Net cash provided by operating activities of $234.8 million vs. $45.6 million in the second quarter and $322.1 million in the third quarter last year ....

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Voting Rights Program May Still Have Life

Voting Rights Program May Still Have Life

University spokesman Eric Maron provided KPEL with the following statement when asked about the grant:
Free expression of ideas is the cornerstone of the UL Lafayette environment of intellectual inquiry. Open and balanced dialogue is fundamental to the university s academic mission of advancing the public interest through discourse about vital political and social issues.
Maron says a decision from LEH could come in the next couple of weeks. Participants would read and discuss one book each week. The discussions would be similar to a college seminar course. The participants themselves would talk about the book and whether they agree or disagree with the points made by the author. The facilitator would help guide the discussion but would not necessarily give his/her opinion. ....

State Of Louisiana , United States , Lafayette Parish , Lafayette Public Library , Joseph Savoie , Teresa Elberson , Andrew Duhon , Doug Palumbo , Gerald Boudreauxd Lafayette , Eric Maron , Sona Dombourian , Jean Kreamer , Stephanie Armbruster , Sonya Branch , Supreme Court , University Of Louisiana At Lafayette , University Of Louisiana , Lafayette Parish Library System , Louisiana Endowment , Gerald Boudreaux , Lafayette Public Library Board , Library Board , Voter Suppression , Ul Lafayette , Voting Rights , Louisiana Endowment For The Humanities ,