Embraer earned a net profit of $69.5 million in the 2017 second quarter, reversed from a net loss of $101.5 million the 2016 June quarter, as revenue increased 28.6% year-over-year (YOY) to $1.8 billion. The Brazilian manufacturer’s second-quarter expenses increased 36.4% YOY to $1.5 billion and gross profit was $317.1 million, up 11.8% from a gross profit of $283.7 million in the prior-year quarter. Embraer delivered 35 commercial aircraft to seven customers during the quarter, a 35% ...

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