CAE reported first quarter fiscal 2027 revenue of $1,173.4 million, up 6.8% from $1,098.6 million a year earlier, while adjusted EPS was flat at $0.26. Operating income fell to $86.8 million from $133.8 million, and adjusted segment operating income declined 7.5% to $156.6 million. Civil revenue rose 5.6% to $641.6 million but adjusted segment operating income dropped 13.7% to $106.1 million, while Defense revenue grew 8.3% to $531.8 million and adjusted segment operating income increased 9.1% to $50.5 million. Free cash flow was $104.0 million compared with negative $134.7 million in the prior year, and net debt-to-adjusted EBITDA improved to 2.27 times from 2.75 times. The company said its fiscal 2027 outlook remains unchanged, with adjusted EPS expected between $1.21 and $1.28 and adjusted segment operating income margin of 14.6% to 15.1%.
CAE Inc. Common SharesRevenue up but EPS flat, operating income down; mixed results with improved cash flow and leverage.
