Embraer's quarterly net profit slips, maintains full-year outlook

Core Insights - Brazilian planemaker Embraer reported a third-quarter adjusted net income of $54.4 million, a significant decrease from $221 million in the same period last year, primarily due to extraordinary items such as deferred taxes [1] Financial Performance - The adjusted net income for the third quarter was $54.4 million, down from $221 million year-over-year, indicating a decline of approximately 75.4% [1] - The company cited extraordinary items, including deferred taxes, as a contributing factor to the reduced income [1]