CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

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CAE's defence business takes impairment charge, expects Q4 lossCAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related to its defence business.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

CAE's defence business takes impairment charge, expects Q4 lossMONTREAL — CAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

CAE’s defence business takes impairment charge, company says it expects fourth-quarter lossBased on its preliminary results, the flight simulator company says it expects to post a loss of $1.58 per share for the quarter ended March 31
Source: globeandmail - 🏆 5. / 92 Read more »

CAE's defence business takes impairment charge, expects Q4 lossMONTREAL — CAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related to its defence business.
Source: SooToday - 🏆 8. / 85 Read more »