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Boeing Reports ($1.09B) Loss in Q2 2024 Financial Results
By USinMinutes - Jul 31, 2024, 07:38 AM ET
Last Updated - Aug 08, 2024, 03:56 PM EDT
Boeing's Revenue Drops by 15% to $16.9B in Q2, Reflecting Operational Challenges
The Boeing Company [BA] reported a loss of $1.09 billion in the second quarter of 2024, ending on June 30. This figure reflects a decrease from the previous quarter's results.
The company, headquartered in Arlington, Virginia, reported to SEC in an 8-K filing $-2.33 earnings per share in the quarter, compared to $-0.25 in the previous quarter.
The Boeing Company, a major player in the aerospace and defense sector, reported revenue of $16.9 billion. This figure represents a decrease compared to the company's previous quarter.
In comparison to the same quarter of the previous year, Boeing's revenue for the current quarter saw a decrease. Additionally, the company experienced a percentage change in profit or loss in the current quarter compared to the same quarter of the previous year.
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USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although we take care to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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