CAE Incorporated Beats Estimates, Stock Soars

CAE Incorporated, a leading flight simulation technology company, reported impressive Q2 financial results, surpassing analysts predictions with a profit of $53.7 million and revenue of $898 million. The companys stock has seen a positive trend, climbing 8% since January and 42% over the past year, indicating a thriving market for their specialized simulation products and services.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.