Boeing Guides for Stronger Financials Amid Modest Results

Boeing Takes a Hit with $1.2bn in Losses

Boeing reported a Q1 2022 net loss of $1.2bn vs. a $561mn loss during the same period last year. Its revenues came at $14bn, declining 8% YoY, driven by lower defense volume and charges on fixed-price defense development programs. The company stated that it had $212mn...
Boeing and Tesla Report Earnings

Boeing and Tesla Report Earnings

Boeing reported its third consecutive annual loss, at ($4.3bn) for 2021 vs. ($11.3bn) in 2020. For the fourth quarter, net losses were at ($4.2bn) vs. ($8.4bn) during the year ago period. Revenues for the quarter were up 3% YoY to $14.8bn while annual revenues climbed...
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