Boeing reports 2016 Q2 loss of US$234 compared to 2015 Q2 profit of US$2.45bn
A US$2.1bn charge for R&D is predominantly responsible for a massive swing in Q2 operating profit for Boeing between 2015 and 2016, though consolidated revenue was up 0.9% year-on-year (YOY) at US$24.76m. Prior to the R&D charge the Q2 operating profit for 2016 was US$2.43bn, which, YOY, was down 23.9%. The company has reported a […]
Boeing reports 2016 Q2 loss of US$234 compared to 2015 Q2 profit of US$2.45bn Read More »