Boeing reports 1st revenue drop in 7 quarters but beats expectations – National
Boeing on Wednesday reported its first quarterly revenue drop in seven quarters, but the U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door prompted it to slow production of its strongest-selling jets. Boeing said its first-quarter cash burn, a metric closely watched by investors, was $3.93 … Read more
