Boeing: losses widen in Q3
(CercleFinance.com) - Boeing reported a Q3 2024 non-GAAP loss per share of $10.
44, compared with $3.26 for the same period in 2023, with an adjusted operating margin of -33.6% versus -6% a year earlier. NB pmt -0.7%.
These results reflect the impact of the work stoppage decided by the International Association of Machinists and Aerospace Workers (IAM) and previously announced charges on commercial and defense programs", recalls the aircraft manufacturer.
Revenues fell by 1% to just over $17.8bn, with a 5% decline in commercial aircraft outweighing growth of 1% in defense, space and security, and 2% in global services.
Boeing announces a total order backlog of $511bn at end-September, including an estimated $428bn for its more than 5,400 commercial aircraft on order.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
44, compared with $3.26 for the same period in 2023, with an adjusted operating margin of -33.6% versus -6% a year earlier. NB pmt -0.7%.
These results reflect the impact of the work stoppage decided by the International Association of Machinists and Aerospace Workers (IAM) and previously announced charges on commercial and defense programs", recalls the aircraft manufacturer.
Revenues fell by 1% to just over $17.8bn, with a 5% decline in commercial aircraft outweighing growth of 1% in defense, space and security, and 2% in global services.
Boeing announces a total order backlog of $511bn at end-September, including an estimated $428bn for its more than 5,400 commercial aircraft on order.
Copyright (c) 2024 CercleFinance.com. All rights reserved.