Summary by Moomoo AI
Boeing, a global leader in aerospace, reported its annual financial performance for the year ending December 31, 2023. The company saw an increase in revenues to $77.794 billion, up from $66.608 billion in 2022, driven by higher revenues across all operating segments. Despite this, Boeing experienced a loss from operations of $773 million, an improvement from a loss of $3.519 billion in the previous year. The net loss attributable to Boeing shareholders was $2.222 billion, with a diluted loss per share of $3.67. The company's business development was marked by a largely recovered global air traffic to 2019 levels, with strong demand from airline customers globally. However, supply chain disruptions, production quality issues, and inflationary pressures have impacted financial results and productivity. Boeing's future plans include a focus...Show More