Boeing's Q4 2024 results were impacted by the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions. The company reported a revenue of $15.2 billion, a GAAP loss per share of ($5.46), and a core (non-GAAP) loss per share of ($5.90).
Finalized the International Association of Machinists and Aerospace Workers (IAM) agreement and resumed production across the 737, 767 and 777/777X programs
Financials reflect previously announced impacts of the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions announced last year
Revenue of $15.2 billion, GAAP loss per share of ($5.46) and core (non-GAAP)* loss per share of ($5.90)
Operating cash flow of ($3.5) billion; cash and marketable securities of $26.3 billion
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements relating to future financial condition and operating results.
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