April 27, 2018 / 10:20 AM / 8 months ago

Brazil's Embraer posts $12 mln first-quarter loss

SAO PAULO, April 27 (Reuters) - Embraer SA, the world's third-largest commercial planemaker, reported a first-quarter net loss of $12.3 million, compared to a net profit of $53.2 million a year earlier.

The Brazilian planemaker said in a securities filing on Friday that earnings before interest, taxes, depreciation and amortization (EBITDA) fell 26 percent to $89.5 million. (Reporting by Brad Haynes; editing by Jason Neely)

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