Earnings release
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CAE ● CAE reports second quarter fiscal 2022 results Revenue of $ 814.9 million up 16 % vs. $ 704.7 million in prior year EPS of $ 0.04 vs. negative $ 0.02 in prior year Adjusted EPS ( ¹ ) of $ 0.17 vs. $ 0.13 ( $ 0.03 excluding COVID - 19 government support programs ( ² ) ) in prior year Operating income ( ³ ) of $ 39.2 million vs. $ 28.2 million in prior year Adjusted segment operating income ( 4 ) of $ 90.7 million vs. $ 79.3 million ( $ 44.1 million excluding COVID - 19 government support programs ( 5 ) ) in prior year • Orders ( 6 ) of $ 871.4 million for $ 8.8 billion backlog ( 6 ) and 1.07x book - to - sales ratio ( 6 ) Announced agreement post quarter to acquire Sabre's AirCentre airline operations portfolio Montreal , Canada , November 11 , 2021 - ( NYSE : CAE ; TSX : CAE ) - CAE today reported revenue of $ 814.9 million for the second quarter of fiscal 2022 , compared with $ 704.7 million in the second quarter last year . Second quarter net income attributable to equity holders was $ 14.0 million ( $ 0.04 per share ) compared to a loss of $ 5.2 million ( negative $ 0.02 per share ) last year . Adjusted net income ( 7 ) in the second quarter of fiscal 2022 was $ 53.2 million ( $ 0.17 per share ) compared to $ 34.2 million ( $ 0.13 per share ) last year . Operating income this quarter was $ 39.2 million ( 4.8 % of revenue ) , compared to $ 28.2 million in the second quarter of fiscal 2021. Second quarter adjusted segment operating income was $ 90.7 million ( 11.1 % of revenue ) compared to $ 79.3 million last year . Adjusted segment operating income excluding COVID - 19 government support programs was $ 90.7 million ( 11.1 % of revenue ) compared to $ 44.1 million last year . All financial information is in Canadian dollars unless otherwise indicated . Summary of consolidated results ( amounts in millions , except per share amounts ) Revenue Operating income Adjusted segment operating income ( SOI ) As a % of revenue Adjusted SOI excluding COVID - 19 government support programs As a % of revenue Net income ( loss ) Net income ( loss ) attributable to equity holders of the Company Basic and diluted earnings ( loss ) per share ( EPS ) Adjusted net income Adjusted EPS Adjusted net income excluding COVID - 19 government support ( 8 ) programs Adjusted EPS excluding COVID - 19 government support programs Order intake Total backlog $ % $ % $ LA LA Press Release LA LA LA LA $ Q2-2022 814.9 $ GA GA GA do 39.2 $ 90.7 11.1 % 90.7 $ 871.4 8,827.9 $ 11.1 % 17.2 14.0 $ 0.04 53.2 0.17 do GA GA GA GA GA $ $ 53.2 0.17 $ LA LA LA LA $ $ Q2-2021 704.7 28.2 79.3 11.3 44.1 6.3 ( 6.0 ) ( 5.2 ) ( 0.02 ) 34.2 0.13 8.4 0.03 667.8 8,296.2 Variance % 16 % 39 % 14 % 106 % 387 % 369 % 300 % 56 % 31 % 533 % 467 % 30 % 6 %