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Boeing's Q1 Non-GAAP Loss Narrows as Revenue Declines -- Shares Advance Pre-Bell
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Boeing's Q1 Non-GAAP Loss Narrows as Revenue Declines -- Shares Advance Pre-Bell
Apr 24, 2024 5:09 AM

07:52 AM EDT, 04/24/2024 (MT Newswires) -- Boeing ( BA ) reported a Q1 non-GAAP loss Wednesday of $1.13 per diluted share, narrowing from a loss of $1.27 a year earlier.

Analysts polled by Capital IQ expected a loss of $1.43.

Revenue for the quarter ended March 31 was $16.57 billion, down from $17.92 billion a year earlier.

Analysts surveyed by Capital IQ expected $17.22 billion.

Shares of the airplane manufacturer were up 3.5% in recent Wednesday premarket activity.

Price: 176.00, Change: +6.82, Percent Change: +4.03

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