Embraer posts $44.4 million 1Q net profit, cites jet delivery decline

Credit: Embraer
Embraer reported a consolidated first-quarter 2017 net profit of $44.4 million, down 58.1% from the Brazilian manufacturer’s $106 million net profit in 1Q 2016. The company recorded $1.03 billion in consolidated first-quarter revenue, down 21.6% from $1.3 billion in the year-ago quarter. Operating...

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