Boeing 2016 net profit down 5%; revenue to decline again in 2017
Credit: Boeing
Boeing reported a 2016 net profit of $4.9 billion, down 5% from net income of $5.2 billion in 2015 , marking the company’s second straight year of declining earnings. Full-year 2016 revenue fell 2% year-over-year to $94.6 billion, and Boeing projected revenue will drop again in 2017 to $90.5-$92.5...
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