"Boeing Reports Strong Q2 2023 Earnings"
Originally Published 2 years ago — by CNBC
Boeing reported a net loss of $149 million for the second quarter, driven by losses in its defense and space businesses, despite a pickup in commercial aircraft deliveries. The company generated $2.6 billion of free cash, beating analyst forecasts, and reiterated its full-year guidance. Boeing delivered 136 planes in Q2, up from 121 in the same period last year, and plans to increase production of its best-selling Max aircraft to 38 jets per month. The company also raised output of its 787 Dreamliner aircraft and expects to deliver up to 80 of them in 2023.