CAE Inc. CAE-T -2.85%decrease reported its second-quarter profit and revenue rose compared with a year ago.
The flight simulator company says it earned net income attributable to equity holders of $58.4-million or 18 cents per share for the quarter ended Sept. 30.
The result compared with a profit of $44.5-million or 14 cents per diluted share in the same quarter last year.
Revenue for the three-month period totalled $1.09-billion, up from $993.2-million.
On an adjusted basis, CAE says it earned 27 cents per share, up from an adjusted profit of 19 cents per share a year earlier.
Last month, CAE announced a deal to sell its health-care business to U.S. company Madison Industries for $311-million.
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