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Boeing Posts Wider-Than-Forecast Q4 Loss, Delays 777X Launch: Revenues Beat

Boeing Posts Wider-Than-Forecast Q4 Loss, Delays 777X Launch: Revenues Beat
TheStreet
1/27/2021
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Boeing Posts Wider-Than-Forecast Q4 Loss, Delays 777X Launch: Revenues Beat
Boeing Co. posted a much wider-than-expected fourth quarter loss Wednesday, and delayed the launch of its 777X widebody, as the planemaker continues to grapple with generational changes in airline demand triggered by the global coronavirus pandemic.
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Boeing said its adjusted core loss for the three months ending in December was pegged at $15.25 per share, down from a profit of $2.33 per share over the same period last year and sharply lower than the Street consensus forecast of a loss of $1.80 per share. Boeing booked charges of more than $8 billion over the quarter including $6.5 billion linked to delays in the 777X widebody jet, which won t be pushed into service until late 2023. ....

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Global Medical Radiation Detection, Monitoring and Safety Market Report 2020: US Dominates, Developing Regions to Register Faster Growth

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COVID-19 Creates Financial Hardships for Radiology Departments Worldwide. Radiation Safety Technologies Take a Back Seat With -4.6% Revenue Blow
The global market for Medical Radiation Detection, Monitoring & Safety is expected to slump by -4.6% in the year 2020 and thereafter recover to reach US$1.2 billion by the year 2027, trailing a post COVID-19 CAGR of 4.7% over the analysis period 2020 through 2027.
Radiation monitoring remains an integral part of good health practice in medical facilities performing radiation therapy & diagnostic activities. Stringent safety regulations aimed at safeguarding health of patients, medical physicists, radiologists, and nuclear medicine technicians has long been the primary growth driver. ....

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