The Boeing Company[NYSE: BA] recorded third quarter revenue of$17.8billion, GAAP loss per share of ($9.97) and core loss per share (non-GAAP)* of ($10.44) (Table 1) primarily reflecting impacts of the IAM work stoppage and previously announced charges on commercial and defense programs. ...
The business received $6 billion in orders and the backlog ended at $20 billion. Revenue was $4.9 billion, up 2%, primarily on higher commercial volume. Operating margin was 17%, up 70 basis points compared to last year on favorable volume and mix. In the quarter, BGS secured several ke...
Boeing announced its new CEO as it reported a loss of more than $1.4 billion on falling revenue during the second quarter. The loss was wider and the company’s revenue lower than Wall Street’s dismal expectations, as both Boeing’s commercial airplanes business and d...
The grounding of the Max added billions in costs and cut deeply into revenue last year, leading to Boeing’s first money-losing year in two decades. The company faces criminal and civil investigations and a flurry of lawsuits by families of the people killed in the crashes. Shares of Boeing...
The first commercial orders for the 707 came on October 13, 1955,[27] when leading global carrier Pan Am committed to 20 Boeing 707s, and 25 Douglas DC-8s, dramatically increasing their passenger capacity (in available revenue passenger seat-miles per hour/per day) over its existing fleet ...
Boeing Distribution Inc.'s online revenue last year was 15 percent higher compared to pre-pandemic levels, while orders were 20 percent higher. The stronger sales came as the company rolled out new tools to improve the customer experience, including a new homepage, a live chat feature, and an...
Revenue was also strong, at $28.3 billion — more than $1 billion than analysts expected. The aerospace giant reported $101.1 billion in annual revenue, breaking the $100 billion mark for the first time. Boeing also provided a strong 2019 forecast. Boeing expects next year's earnings of $...
savings from space infrastructure that won't need to be built, the economic case for canceling SLS now seems clear. That's good news for taxpayers, who may be able to return America to the moon much more cheaply now. For Boeing, however, it puts an $82 billion revenue stream at risk....
Revenue for the third quarter rose 15 per cent year on year to $5.2bn, while improved margins boosted net income to $1.63bn, the world’s largest money manager reported on Friday. Analysts polled by Bloomberg had been expecting revenue of $5bn. Adjusted operating income rose 26 per cent ...
Boeing announced its financial results for the 2023 fiscal year (FY) ending Dec. 31, 2023. The company reported a net loss attributable to its shareholders of $2.2 billion, an improvement from the net loss of $4.94 billion in 2022. Revenue increased by 16.79% year over year (YOY) to $...