ARLINGTON, Va., July 31, 2024 – $Boeing (BA.US)$recorded second quarter revenue of $16.9 billion, GAAP loss per share of ($2.33) and core loss per share (non-GAAP)* of ($2.90) (Table 1). Boeing reported operating cash flow of ($3.9) billion and free cash flow of ($4.3) billion (non-GAAP)*. Results primarily reflect lower commercial delivery volume and losses on fixed-price defense development programs.
Second Quarter 2024
• Submitted comprehensive safety and quality plan to the Federal Aviation Administration
• Announced agreement to acquire Spirit AeroSystems in July; transaction expected to close mid-2025
• Revenue of $16.9 billion, GAAP loss per share of ($2.33) and core (non-GAAP) loss per share of ($2.90)
• Operating cash flow of ($3.9) billion and free cash flow of ($4.3) billion (non-GAAP)
• Total company backlog of $516 billion, including over 5,400 commercial airplanes
