CAE Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 1,094.5 million compared to CAD 969.9 million a year ago. Net income was CAD 56.5 million compared to CAD 78.1 million a year ago. Basic earnings per share from continuing operations was CAD 0.18 compared to CAD 0.24 a year ago. Diluted earnings per share from continuing operations was CAD 0.18 compared to CAD 0.24 a year ago. Basic earnings per share was CAD 0.17 compared to CAD 0.25 a year ago. Diluted earnings per share was CAD 0.17 compared to CAD 0.25 a year ago.
For the nine months, sales was CAD 3,156.5 million compared to CAD 2,813.2 million a year ago. Net income was CAD 180.2 million compared to CAD 124.3 million a year ago. Basic earnings per share from continuing operations was CAD 0.56 compared to CAD 0.4 a year ago. Diluted earnings per share from continuing operations was CAD 0.56 compared to CAD 0.4 a year ago.