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CAE Down 1.3% After Hours as Ir Reports Lower Adjusted Profit, Higher Revenue for Fiscal Q4; Issues 2030 Targets

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CAE (CAE.TO, CAE) edged down in after-hours New York trading after the company Thursday said its fiscal fourth-quarter revenue rose while adjusted profit fell year-over-year.

The aircraft-simulator company's adjusted profit, excluding most one-time items, for the quarter ended March 31 was $136.1 million, or $0.42 per share, down from $149.6 million, or $0.47, a year ago. FactSet expected $0.41 per share.

Revenue rose to $1.33 billion from $1.28 billion in the year-ago quarter. FactSet projected $1.29 billion.

"We delivered solid performance overall in fiscal 2026, notwithstanding a softer civil training market and volatility in the Middle East", Chief Executive Matthew Bromberg said.

He added that the company's transformation plan announced in November is "targeting $125 million to $150 million of transformation run-rate savings from these initiatives and others by fiscal 2030, while targeting fiscal 2030 adjusted segment operating income (updated definition) of $950 million to $1 billion and approximately 100% cash conversion (updated definition) over the four-year period".

The company's shares were last seen down US$0.34 to US$26.60 after hours. They closed up $0.33 to $37.06 on the Toronto Stock Exchange.

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