TSX:CAEAerospace & Defense
CAE (TSX:CAE) Valuation Update Following Q1 Earnings Growth and Improved Profitability
CAE (TSX:CAE) just released its first quarter results, revealing both sales and net income on the rise compared to last year. The company reported CA$1,098.6 million in sales and net income of CA$57.2 million, up from CA$1,072.5 million and CA$48.3 million, respectively. For investors, this earnings uptick signals improving operational momentum and provides a fresh snapshot of how the business is managing growth and profitability.
The market has been paying attention to CAE’s progress. The...