Bombardier Inc.

10:31 AM EST - Bombardier Inc. : Announced today preliminary financial results for the first quarter of 2019 and provided updates to its full year revenue and earnings outlook. First-quarter 2019 adjusted EBITDA and adjusted EBIT are expected to be approximately $265 million and $170 million, respectively, on revenues of approximately $3.5 billion. Free cash flow usage in the first quarter is anticipated to be approximately $1.0 billion, supporting the intense ramp-up of key rail projects and Global 7500 aircraft deliveries in the second half of the year. All amounts in U.S. funds. Bombardier Inc. shares T.BBD.B are trading down $0.43 at $2.49.