Boeing reports net loss with revenue increase in first quarter

SAN FRANCISCO, April 26 (Xinhua) -- The Boeing Company on Wednesday reported first-quarter revenue of 17.9 billion U.S. dollars, a 28 percent increase from the same period of 2022.

The company recorded a quarterly net loss of 425 million dollars with the Generally Accepted Accounting Principles (GAAP) loss per share of 0.69 dollars and core loss per share (non-GAAP) of 1.27 dollars.

It also recorded an op