Boeing Slid Nearly 3% in Premarket Trading after Posting Its Financial Result

Tiger Newspress2022-01-26

Boeing slid nearly 3% in premarket trading after posting its financial result.

Fourth Quarter 2021

  • Continued global return to service of 737 MAX, including progress in China
  • Revenue of $14.8 billion; operating cash flow of $0.7 billion
  • 787 program recorded $3.5 billion pre-tax non-cash charge; focused on actions required to resume deliveries
  • GAAP loss per share of ($7.02) and core (non-GAAP)* loss per share of ($7.69)

Full-Year 2021

  • Revenue of $62.3 billion; operating cash flow of ($3.4) billion; cash and marketable securities of $16.2 billion
  • GAAP loss per share of ($7.15) and core (non-GAAP)* loss per share of ($9.44)
  • Total backlog of $377 billion and added 535 net commercial orders
  • Focused on safety, quality and operational stability
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