Boeing reports $2.2bn net loss for 2023

Boeing reported a $2.2bn net loss for 2023 and a $30 million net loss for the fourth quarter of 2023. Adjusted loss per share sat at $0.47 in the fourth quarter and at $5.81 per share. Boeing reported revenues of $22bn in the fourth quarter of 2023, up 10% from 2022’s $19.9bn. The company reported a 17% increase in its full year revenues with 2023 seeing $77.8bn, up from $66.6bn in 2022. Free cash flow was at $4.4bn in 2023 and $2.9bn for the fourth quarter. Commercial aircraft deliveries for 2023 rose 10% to 528, up from 480 in 2022