May 19 (Reuters) - CAE Inc CAE.TO
* CAE reports fourth quarter and full fiscal year 2016
results
* Q4 earnings per share c$0.23 from continuing operations
* Q4 earnings per share view c$0.25 -- Thomson Reuters
I/B/E/S
* Q4 revenue c$722.5 million versus I/B/E/S view c$676
million
* Q4 earnings per share c$0.27 excluding items
* Specific items this quarter include restructuring costs of
$11.6 million related to cae's process improvement program
* CAE expects revenue and operating income growth in all
segments in fiscal year 2017
* Expects level of total capital expenditures in fiscal 2017
to remain relatively stable with prior year ($117.8 million)
* Company continues to expect modest growth in defence and
double-digit percentage growth in healthcare in fiscal 2017
* For standardized simulators, percentage-of-completion
accounting will no longer be appropriate
* Will be recognizing revenue upon completion for
standardized simulators commencing in fiscal 2017
* Backlog of $6.4 billion at quarter-end
Source text for Eikon: ID:nMKWg6GQ5a
Further company coverage: CAE.TO
(Bengaluru Newsroom: +1 646 223 8780)