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Springfield, MO
Boeing reported a smaller than expected loss for the first quarter, with improvements across its businesses, including its key commercial aircraft unit, as the manufacturer tries to stem years of losses.
Sales rose 14% to $22.22 billion in the first three months of the year. The company narrowed its net loss in the first three months of the year to $7 million, or 11 cents a share, down from a loss of $31 million, or 16 cents a share, a year earlier. Adjusting for one-time items, Boeing posted a loss of 20 cents a share.
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