CAE Inc. (CAE) Q3 2023 Earnings Call Transcript

Feb. 18, 2023 10:39 PM ETCAE Inc. (CAE) Stock, CAE:CA StockCAE, CAE:CA
SA Transcripts
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Q3: 2023-02-14 Earnings Summary

EPS of $0.21 beats by $0.02
 | Revenue of $764.97M (14.88% Y/Y) misses by $14.80M

CAE Inc. (NYSE:CAE) Q3 2023 Earnings Conference Call February 14, 2023 2:00 PM ET

Company Participants

Andrew Arnovitz - Senior Vice President and Investor Relations
Marc Parent - President and Chief Executive Officer
Sonya Branco - Chief Financial Officer

Conference Call Participants

Konark Gupta - Scotiabank
James McGarragle - RBC Capital Markets
Kevin Chiang - CIBC
Cameron Doerksen - National Bank Financial
Fadi Chamoun - BMO
Tim James - TD Securities
Benoit Poirier - Desjardins Capital Markets
Matthew Lee - Canaccord Genuity
Fai Lee - Odlum Brown
Anthony Valentini - Goldman Sachs
Kristine Liwag - Morgan Stanley

Operator

Good day, ladies and gentlemen. Welcome to the CAE Third Quarter Conference Call. Please be advised that this call is being recorded. I would now like to turn the meeting over to Mr. Andrew Arnovitz. You may now proceed, Mr. Arnovitz.

Andrew Arnovitz

Good afternoon, everyone. Thanks for joining us on the call. Before we begin, I'll remind you that today's remarks, including management's outlook and answers to questions, contain forward-looking statements. These forward-looking statements represent our expectations as of today, February 14, 2023, and accordingly, are subject to change. Such statements are based on assumptions that may not materialize and are subject to risks and uncertainties.

Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risks, factors, and assumptions that may affect future results is contained in CAE's annual MD&A available on our corporate website and in our filings with the Canadian Securities Administrators on SEDAR and the U.S. Securities and Exchange Commission on EDGAR.

On the call with me this afternoon are Marc Parent, CAE's President and Chief Executive Officer; and Sonya Branco, our Chief Financial Officer. After remarks from Marc and Sonya, we'll open the call to questions from financial analysts. At

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