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Stocks in play: Bombardier Inc.

Baystreet.ca
·1 min read

Today reported strong financial results for the second quarter of 2024. Q2 2024 aircraft deliveries reached 39 units and total revenues climbed to $2.2 billion, with Services contributing $507 million, reflecting year-over-year growth of 34%, 32% and 18%, respectively. Adjusted EBITDA was $335 million for the second quarter was up 22% year-over-year, and adjusted EBITDA margin was 15.2%. Reported EBIT for the second quarter was $191 million. Adjusted EPS was positive at $1.04 for the second quarter, with diluted EPS at $0.12.Bombardier Inc. shares Today reported strong financial results for the se are trading down $2.74 at $92.15.

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