Boeing Reports Strong 2009 Revenue & Cash Flow on Solid Core Performance

(PRNewswire) —

Fourth-Quarter 2009

  • Revenue grew to $17.9 billion and operating margin grew to 9.4 percent, driving net income to $1.75 per share
  • Operating cash flow increased to $3.2 billion

Full-Year 2009

  • Revenue grew to $68.3 billion while earnings reflected solid core operating performance affected by previously announced events
  • Operating cash flow of $5.6 billion reflects strong management of working capital
  • Cash and marketable securities of $11.2 billion provides strong liquidity for 2010
  • Backlog of $316 billion – over four times current annual revenue

Outlook

  • 2010 EPS guidance of $3.70 to $4.00 reflects lower volumes and considers risks

Table 1.  Summary Financial Results


Fourth Quarter


Full Year


(Dollars in Millions, except per share data)

2009

2008

Change 

2009

2008

Change 








Revenues

$17,937   

$12,664   

42%

$68,281   

$60,909   

12%

Earnings/(Loss) From Operations

$1,693   

($243)  

NA

$2,096   

$3,950   

(47%)

Operating Margin

9.4%

(1.9%)

  11.3 Pts

3.1%

6.5%

 (3.4)Pts

Net Income/(Loss)

$1,268   

($86)  

NA

$1,312   

$2,672   

(51%)

Earnings/(Loss) per Share

$1.75   

($0.12)  

NA

$1.84   

$3.67   

(50%)

Operating Cash Flow

$3,212   

($1,641)  

NA

$5,603   

($401)  

NA



The Boeing Company (NYSE: BA) reported fourth-quarter net income of $1.3 billion , or $1.75 per share, as revenue rose 42 percent to $17.9 billion .  Current period results reflect solid performance across core businesses and represent a significant improvement over the year-ago quarter, which included a labor strike and a charge on the 747 program (Table 1).  

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article
SolidCAM: Program your CNCs directly inside your existing CAD system.


Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise