Embraer Reports Record $32.1 Billion Order Backlog in Q1, Up 22% Year-over-Year

Embraer reported a record $32.1 billion order backlog at the end of Q1, representing a 22% increase year-over-year. This marks the sixth consecutive quarterly record for the Brazilian aerospace company. Despite the positive news, Embraer's stock fell 1.2% in Tuesday's trading.

By Carl Surran, SA News Editor · Seeking Alpha ·

Embraer Reports Record $32.1 Billion Order Backlog in Q1, Up 22% Year-over-Year

Tickers: $EMBJ

Topics: commercial aviation Embraer financial performance order backlog

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