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Benzinga
Benzinga
Business
Akanksha Bakshi

Boeing Commercial Airplane Revenue Recovers, Backlog Grows To $619 Billion

Boeing British Airways FAA
Boeing

Boeing Co. (NYSE:BA) on Tuesday reported stronger-than-expected revenue for the second quarter, driven by a sharp rise in commercial aircraft deliveries. However, its adjusted loss per share was wider than Wall Street projections.

The aerospace giant posted an adjusted loss of $1.24 per share, missing analyst expectations of a 94 cent loss. GAAP loss per share came in at 92 cents.

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