Boeing Reports Third-Quarter Results
Source: Boeing Operating cash flow of $3.2 billion; continue to expect positive free cash flow for 2022 Resumed 787 deliveries and delivered 9 airplanes Recorded losses on fixed-price defense development programs Revenue of $16.0 billion; GAAP loss per share of ($5.49) and core (non-GAAP)* loss per share of ($6.18) Total backlog of $381 billion; including over 4,300 commercial airplanes Table 1. Summary Financial Results Third Quarter Nine Months (Dollars in Millions, except per share data) 2022 2021 Change 2022 2021 Change Revenues $15,956 $15,278 4Â % $46,628 $47,493 (2)Â % GAAP (Loss)/Earnings From Operations ($2,799) $329 NM ($3,194) $1,269 NM Operating Margin (17.5) % 2.2 % NM (6.8) % 2.7 % NM Net Loss ($3,308) ($132) NM ($4,390) ($126) NM Loss Per Share ($5.49) ($0.19) NM ($7.24) ($0.10) [...]