The company reported an adjusted loss of 20 cents per share in the first quarter of the year, compared with an expected loss of 83 cents, CNBC reports.
Revenue came in at $22.22 billion, which was slightly higher than analysts' forecast of $21.78 billion.
After a series of safety issues that resulted in losses, CEO Kelly Ortberg said the company expects to increase production of its best-selling 737 Max aircraft to 47 a month from the current 42.
He believes the company is well on its way to returning to profitability.
The stock rose 5.5 percent on the New York Stock Exchange after the report.
