Aug 12 (Reuters) - CAE Inc CAE.TO :
* QTRLY LOSS PER SHARE $0.42
* QTRLY REVENUE $550.5 MILLION VERSUS $825.6 MILLION
* QTRLY LOSS PER SHARE BEFORE SPECIFIC ITEMS $0.11
* DEFENCE AND SECURITY TOTAL BACKLOG WAS $4.01 BILLION AT Q1 2021 END VERSUS $4.12 BILLION AT Q4 2020 END
* CAE, IN CIVIL AVIATION, SAYS IMPACT FROM DECREASED UTILIZATION, REDUCED DELIVERIES, AMONG OTHERS EXPECTED TO SIGNIFICANTLY NEGATIVELY IMPACT FISCAL YEAR
* CAE - CURRENT VIEW FOR 2021 IS FOR A MATERIAL DECREASE IN OPERATIONAL AND FINANCIAL PERFORMANCE IN FIRST HALF FOR CIVIL AVIATION SEGMENT
* DECREASE IN QTRLY REVENUE FOR DEFENCE AND SECURITY WAS MAINLY DUE TO LOWER LEVEL OF ACTIVITY ON NORTH AMERICAN PROGRAMS
* CAE - CURRENT VIEW FOR H2 OF 2021 IS FOR OPERATIONAL & FINANCIAL PERFORMANCE TO POTENTIALLY INFLECT POSITIVELY FOR CIVIL AVIATION SEGMENT
* CAE - BELIEVE CASH, EQUIVALENTS, AVAILABILITY UNDER CREDIT FACILITY, AMONG OTHERS, WILL BE SUFFICIENT TO MEET FINANCIAL NEEDS IN FORESEEABLE FUTURE
* CAE - WILL BE TAKING ADDITIONAL MEASURES BY OPTIMIZING GLOBAL ASSET BASE & FOOTPRINT, ADAPTING GLOBAL WORKFORCE
* EXPECTS TO RECORD RESTRUCTURING EXPENSES OF ABOUT $100 MILLION OVER NEXT 12 MONTHS AS A RESULT OF ADDITIONAL MEASURES
* Q1 EARNINGS PER SHARE VIEW C$-0.06, REVENUE VIEW C$511.0 MILLION -- REFINITIV IBES DATA
* CIVIL BACKLOG AT END OF QUARTER WAS $4.5 BILLION