The Zhitong Finance App learned that on Tuesday, the stock price of Boeing (BA.US) opened and rose. As of press release, it had risen by nearly 5%. According to the news, Boeing announced its second quarter results report. Revenue for the second quarter reached 24.6 billion US dollars, up 8.4% year on year, exceeding expectations of 330 million US dollars. With continued strong market demand for its aircraft, the company generated more than expected cash flow in the second quarter, with free cash flow of $631 million, beating the net outflow of $331 million expected by analysts. Boeing said that the results mainly reflect an increase in commercial aircraft deliveries and favorable changes in working capital during the year. By the end of the quarter, the company's total backlog of orders had risen to a record $715 billion.

The Zhitong Finance App learned that on Tuesday, the stock price of Boeing (BA.US) opened and rose. As of press release, it had risen by nearly 5%. According to the news, Boeing announced its second quarter results report. Revenue for the second quarter reached 24.6 billion US dollars, up 8.4% year on year, exceeding expectations of 330 million US dollars. With continued strong market demand for its aircraft, the company generated more than expected cash flow in the second quarter, with free cash flow of $631 million, beating the net outflow of $331 million expected by analysts. Boeing said that the results mainly reflect an increase in commercial aircraft deliveries and favorable changes in working capital during the year. By the end of the quarter, the company's total backlog of orders had risen to a record $715 billion.