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CAE Announces Q2 Results and Raises FY2027 Guidance

The Motley Fool +1 · ·by G4L

CAE
CAE Cae Inc
$28.18 +2.88%
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  1. 1CAE reported consolidated revenue of $1.2 billion for the second quarter.
  2. 2The company raised its FY2027 adjusted earnings per share (EPS) guidance to $1.28-$1.35.
  3. 3CAE signed a sale agreement with SITA to secure $500 million from the sale of Flightscape.

So what's the key point?

CAE generated $1.2 billion in revenue during the second quarter. The company raised its future profit outlook, which may lead to an increase in the stock price.

Source The Motley Fool +1 · View original ↗

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