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Can the Military Save This Deadly Terrorist Hunter from the Scrap Heap?

Can the Military Save This Deadly Terrorist Hunter from the Scrap Heap?
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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 ....

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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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