Boeing Reports First Quarter Results
Source: Boeing First Quarter 2024 Undertaking comprehensive actions in our commercial business to strengthen quality and safety Financial results reflect lower 737 deliveries and 737-9 grounding customer considerations Revenue of $16.6 billion, GAAP loss per share of ($0.56) and core (non-GAAP)* loss per share of ($1.13) Operating cash flow of ($3.4) billion and free cash flow of ($3.9) billion (non-GAAP)* Total company backlog grew to $529 billion, including over 5,600 commercial airplanes Table 1. Summary Financial Results First Quarter (Dollars in Millions, except per share data) 2024 2023 Change Revenues $16,569 $17,921 (8)Â % GAAP Loss from operations ($86) ($149) NM Operating margins (0.5) % (0.8) % NM Net loss ($355) ($425) NM Loss per share ($0.56) ($0.69) NM Operating cash [...]