Embraer Incurs $10 Million 1Q Net Loss

Brazilian manufacturer Embraer posted a consolidated $10.2 million net loss for the first quarter of 2018, a reversal from the company’s $55.1 million net profit in the year-ago March quarter. Company-wide revenue for the quarter slipped 4.8% year-over-year (YOY) to $992 million, while expenses fell...

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