Loading...
Boeing saw a significant recovery in revenue and narrowed losses due to higher commercial airplane deliveries and operational improvements.
Revenue increased to $22.7B from $16.9B last year.
Core loss per share improved from ($2.90) to ($1.24).
Commercial airplane backlog reached $522B with over 5,900 aircraft.
Free cash outflow reduced significantly to $200M.
Boeing expects to focus on stability, production ramp-up, and quality improvements amid ongoing challenges in supply chain and liquidity.
Analyze how earnings announcements historically affect stock price performance