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Higher orders and an increased backlog raise the company's future revenue visibility, while October deliveries convert backlog into near-term recognized revenue; the magnitude and model mix of orders will determine materiality.
What happened, with direct paths to the underlying reporting
Boeing disclosed October commercial orders of 165 (no cancellations), delivered 49 jets, and reported an official backlog of 6,457 as of Oct. 31 after ASC 606 adjustments.
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