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Bombardier’s Q3 Performance Boosts 2024 Outlook

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Bombardier’s Q3 Performance Boosts 2024 Outlook

Bombardier (TSE:BBD.B) has released an update.

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Bombardier’s third-quarter financial results for 2024 reveal a 12% increase in total revenues, reaching $2.1 billion, driven by record services revenue and a strong aircraft mix. The company remains on track to meet its full-year guidance, with a robust backlog of $14.7 billion and strong liquidity. These positive outcomes underscore Bombardier’s effective execution of its long-term strategic plans.

For further insights into TSE:BBD.B stock, check out TipRanks’ Stock Analysis page.

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