July 28, 2020 / 11:22 AM / 8 days ago

Raytheon posts quarterly loss on lower commercial aerospace demand

July 28 (Reuters) - Raytheon Technologies Corp on Tuesday swung to a quarterly loss, compared to a year-ago profit hurt by lower sales in its Collins Aerospace unit.

Net loss attributable to common shareowners was $3.84 billion, or $2.55 per share, for the quarter ended June 30, compared with a profit of $1.90 billion, or $2.22 per share, a year earlier.

Revenue rose to $14.06 billion from $11.33 billion. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Ramakrishnan M.)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below