Reports Q3 revenue $2.1B, consensus $1.73B. Backlog at September 30 stood at $14.7B, reflecting unit book-to-bill of 1.0 for the quarter. “With a sustained increase in revenues, profitability and record aftermarket performance, Bombardier’s (BDRBF) strong results this quarter are a testament to our long-term plan and our team’s ability to execute, meeting commitments week after week,” said Eric Martel, President and Chief Executive Officer, Bombardier. “We have once again posted a healthy book-to-bill ratio, which in turn has maintained our backlog and predictability. This is all made possible by our second to none product portfolio and customer focus. As we enter the last months of the year, I am proud that our operations and service network continue to perform at a high level and are well positioned to deliver on full-year guidance.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BDRBF:
- Bombardier (BDRBF) Q3 Earnings Cheat Sheet
- Bombardier downgraded to Sector Perform from Outperform at Scotiabank
- Bombardier announces return of Safety Standdown seminar
- Bombardier delivers eight Bombardier Global jet to USAF BACN program
- Bombardier celebrates 100th Challenger 3500 aircraft delivery
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.