Boeing Reports First Quarter Results; Updates Outlook
-- Double-digit reveue growth and margins at Integrated Defense Systems and strong operating performance at Commercial Airplanes reflect intense focus on execution.
-- Record launch order for 7E7 received from All Nippon Airways
Financial Highlights:
- Per Share (EPS)
- Q1: $0.77, includes $0.12 of interest from federal tax refund
- Revenue
- Q1: $13.0 billion
- Operating Cash Flow
- Q1: $0.1 billion, after $1.0 billion discretionary investment in pensions
- Cash Balance
- $4.0 billion on 3/31/2004
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