Aug 6 (Reuters) - Bombardier Inc BBDb.TO :
* BOMBARDIER REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS, PROGRESS ON NEAR-TERM PRIORITIES
* Q2 REVENUE $2.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.48 BILLION
* BOMBARDIER QTRLY CONSOLIDATED ADJUSTED EBIT LOSS OF $427 MILLION REFLECTING CHARGE AT TRANSPORTATION
* BOMBARDIER - QTRLY LOSS PER SHARE $0.13; QTRLY ADJUSTED. LOSS PER SHARE $0.30
* BOMBARDIER - QTRLY TOTAL AVIATION REVENUE OF $1.22 BILLION, DOWN 42%
* BOMBARDIER - ORDER BACKLOG FOR BUSINESS AIRCRAFT $12.9 BILLION AT QUARTER-END VERSUS $14.4 BILLION AS AT DEC 31 2019
* BOMBARDIER - TRANSPORTATION REVENUES FOR QUARTER OF $1.5 BILLION REFLECT A LOWER LEVEL OF PRODUCTION ACTIVITY
* BOMBARDIER - ORDER BACKLOG FOR TRANSPORTATION $33.7 BILLION AT QUARTER-END VERSUS $35.8 BILLION AS AT DEC. 31, 2019
* BOMBARDIER - Q2 CHARGE AT TRANSPORTATION LARGELY DUE TO INCREMENTAL ENGINEERING, CERTIFICATION, RETROFIT COSTS FROM LATE-STAGE PROJECTS
* BOMBARDIER - ENGINEERING AND PRODUCTION DELAYS IN TRANSPORTATION SEGMENT TIED TO COVID-19 EXPECTED TO BE RECOVERED IN 2021 AND BEYOND
* BOMBARDIER - TRANSPORTATION PRODUCTION EXPECTED TO ACCELERATE IN H2, PEAKING SEASONALLY IN Q4 GENERALLY IN LINE WITH 2019 LEVELS
* BOMBARDIER - IMPACT ON FCF OF COVID-19 PANDEMIC DURING QUARTER IS ESTIMATED AT $700 MILLION TO $900 MILLION
* BOMBARDIER - FCF USAGE, CASH USAGE FROM OPERATING ACTIVITIES IN QUARTER WAS BETTER THAN ANTICIPATED AS CO RESUMED OPERATIONS FASTER THAN EXPECTED
* BOMBARDIER - Q2 TRANSPORTATION REVENUE REFLECTS LOWER LEVEL OF PRODUCTION ACTIVITY AS OPERATIONS AT KEY SITES ACROSS EUROPE, AMERICAS WERE TEMPORARILY SUSPENDED
* BOMBARDIER - ALL 51 MANUFACTURING SITES AND OTHER OPERATIONS SUCCESSFULLY RESUMED
* BOMBARDIER - UNCERTAINTY SURROUNDING PANDEMIC DURATION, SHAPE OF RECOVERY CONTINUES TO PRECLUDE CO FROM PROVIDING FINANCIAL GUIDANCE
* BOMBARDIER - EXPECT BUSINESS ACTIVITY TO GRADUALLY RECOVER IN H2 2020, WITH IMPROVING CASH USAGE IN Q3, SEASONAL RELEASE OF WORKING CAPITAL IN Q4
* BOMBARDIER - SALE OF AEROSTRUCTURES BUSINESS TO SPIRIT AEROSYSTEMS IS EXPECTED TO CLOSE THIS FALL
* BOMBARDIER - QTRLY BUSINESS AIRCRAFTS DELIVERIES OF 20 UNITS VERSUS 35 UNITS
* Q2 EARNINGS PER SHARE VIEW $-0.11 -- REFINITIV IBES DATA