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
Harris

Featured Video
Jobs
GIS Specialist for Metro Wastewater Reclamation District at Denver, Colorado
Upcoming Events
SUE Association at Capitol Skyline Hotel 10 “I” Eye Street, SW Washington, DC - Jul 26, 2018
2018 ENVI Analytics Symposium at The Brown Palace Hotel & Spa Denver CO - Aug 21 - 23, 2018
2018 South Florida GIS Expo at 650 Okeechobee Blvd West Palm Beach FL - Aug 23 - 24, 2018
SPTechCon 2018 at Sheraton Boston Hotel Boston MA - Aug 26 - 29, 2018
Canon: oce crystalPoint
Teledyne Optech
Bentley: -YII 2018 Awards



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise