CAE’s Profit Falls 30% In Third Quarter Fiscal 2024

CAE
Credit: Alamy Stock Photo
CAE Inc. recorded a 30% annual decrease in profit in the third quarter of fiscal 2024 due to a lackluster performance by its defense business. The company’s net income fell to C$61 million ($45 million), or C$0.18 per share, compared with C$77.9 million, or C$0.24 per share, during the same period a...

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