CAE Inc
NYSE:CAE

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CAE Inc
NYSE:CAE
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Price: 24.67 USD 2.11% Market Closed
Market Cap: 7.9B USD

CAE Inc
Investor Relations

In the global landscape of training and simulation, CAE Inc. stands out as a particularly influential player, rooted in Montreal, Canada. The company's journey began in 1947, and over the years, they have crafted a unique niche, primarily focusing on flight simulation systems and pilot training. Initially garnering attention in the aviation sector, CAE honed its expertise in designing cutting-edge flight simulators, helping airlines and defense sectors to train pilots in a controlled, cost-effective manner. This capability became increasingly crucial as the demand for skilled pilots surged, driven by the rapid expansion of the commercial aviation industry and military needs. By pioneering innovations in virtual and augmented reality technologies, CAE transitioned these simulations into highly immersive experiences, enhancing pilot training effectiveness and safety.

As the company expanded its horizons, it diversified its portfolio beyond aviation—taking strides into healthcare and defense training. In healthcare, CAE introduced simulation-based products that aid medical professionals in honing their skills without risking patient safety, filling a critical gap in medical education. Meanwhile, in defense, their integrated training solutions support military operations worldwide, underscoring CAE's role in enhancing operational readiness and effectiveness. Financially, the company derives revenue chiefly through long-term contracts with airlines, defense organizations, and healthcare institutions, positioning itself strategically in markets where training delivery remains indispensable. This model ensures a stable stream of income, backed by both their innovative technologies and unwavering commitment to enhancing training efficiency across sectoral boundaries.

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Earnings Calls

2024 Q3
Nov 12, 2024
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TeraWulf reports challenges while positioning for growth with new power capabilities.
2024 Q3
Nov 12, 2024

In Q3 2024, TeraWulf self-mined 555 bitcoins, down 21% from the previous quarter, leading to a 24% revenue decline to $27.1 million. They recently sold their 25% stake in Nautilus for $85 million, streamlining operations. The improved power cost per mined bitcoin rose to $30,448. Looking ahead, they expect Q4 production costs of $59,000 per bitcoin and anticipate significant growth in high-performance computing. They have $400 million allocated for infrastructure upgrades and a $200 million stock buyback, having already repurchased $115 million in shares. This strategy aims to leverage their clean energy resources effectively amid increasing demand.

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Management

Mr. Marc Parent CM
President, CEO & Director
No Bio Available
Ms. Abha Dogra
Chief Technology & Product Officer
No Bio Available
Mr. Carter Copeland
Senior Vice President of Global Strategy
No Bio Available
Mr. Andrew Arnovitz
Senior VP of Investor Relations & Enterprise Risk Management
No Bio Available
Mr. Bob Lockett
Chief People Officer
No Bio Available
Ms. Helene V. Gagnon
Chief Sustainability Officer & Senior VP of Stakeholder Engagement
No Bio Available
Mr. Pascal Grenier
Division President of Flight Solutions & Global Operations
No Bio Available
Mr. Jason Goodfriend
Interim President and COO of Defense & Security of USA
No Bio Available

Contacts

Address
QUEBEC
Saint-Laurent
8585 Ch de la Cote-de-Liesse
Contacts
+15143416780.0
www.cae.com