04:50 PM EDT, 08/12/2025 (MT Newswires) -- CAE (CAE.TO) after trade Tuesday reported higher fiscal first-quarter adjusted earnings as revenue advanced.

The aircraft-simulator company said adjusted operating income, excluding most one-time items, rose to $147.8 million, or $0.21 per share, in the quarter, from $134.2 million, or $0.21, a year ago. FactSet expected $0.20 per share.

Revenue rose to $1.1 billion from $1.07 billion in the year-prior quarter. FactSet expected $1.13 billion.

The company also said Matthew Bromberg will succeed Marc Parent as CAE president and chief executive on Wednesday. The succession plan was announced in June.

For the full year, the company said its Civil business' adjusted segment operating income (aSOI) is expected to grow in the mid-single-digit percentage range, which is at the lower end of the prior outlook. The annual aSOI margin is expected to remain stable.

For Defense, management expects low-double-digit percentage annual aSOI growth and an annual aSOI margin in the 8% to 8.5% range in fiscal 2026.

"CAE remains relatively well insulated from direct tariff impacts. Approximately 70% of the company's revenues come from services delivered within our customers' own countries, which significantly limits exposure to cross-border trade tariffs-particularly for products sold into the U.S," the company said.

CAE shares closed up $1.18 to $40.80 on the Toronto Stock Exchange.