Boeing Reports ($1.09B) Loss in Q2 2024 Financial Results
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.
