Tuesday, August 12, 2008

Boeing 2nd Qtr 2008 Earnings

Boeing Reports Second-Quarter Financial Results, Reaffirms Guidance

>Second-quarter revenues steady at $17.0 billion
>Net income was $0.9 billion with EPS of $1.16 per share, including a previously disclosed charge of $0.22 per share
>First-half EPS grew 13 percent to $2.79 per share as revenue grew 2 percent to $33.0 billion
>Backlog at record $346 billion
>2008 and 2009 financial guidance reaffirmed

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