Summary Revenues for the period came in at $25.85 billion, up 8.7 percent from a year ago
NEW YORK (AFP) - Boeing earnings soared in the third quarter as deliveries picked up on its huge backlog of orders, the company reported Wednesday.
Revenues for the period came in at $25.85 billion, up 8.7 percent from a year ago, translating into net earnings of $1.70 billion, up 25.1 percent over the third quarter of 2014.
Per-share earnings of the world s leading aircraft maker grew even faster, rising 33.0 percent to $2.50.
"By continuing to profitably deliver on our large and diverse backlog, we are driving strong growth in revenue, earnings and cash flow," said president and chief executive Dennis Muilenburg in a statement.
"Solid operating performance across our commercial and defense businesses during the quarter also supported our continued investment in innovation and our people, and our commitment to return cash to shareholders."
