Montreal-based plane and train maker Bombardier Inc reported a lower-than-expected adjusted net loss on Thursday and said it expected to finish the year with improved operating margins in all of its businesses.

The company raised the lower end of its full-year forecast for earnings before interest and tax (EBIT) to US$350 million from US$200 million, while maintaining the upper end at US$400 million.

Bombardier forecast revenue of US$16.5 billion for the year, compared with its previous forecast of US$16.5 billion-US$17.5 billion, after the company in September halved the 2016 delivery forecast for its CSeries mid-range aircraft.

The CSeries program, which has been hit by production delays and cost overruns, has received a $1 billion investment from the Quebec provincial government.

Canada's federal government has agreed in principle to invest in the company's CSeries program, but a deal is yet to be finalized.

Bombardier said last month it would cut 7,500 jobs, mostly in its train-making division, the second round of layoffs this year, following extended delays and budget overruns in its aerospace business.

The company said in September it expected full-year EBIT to come in at the higher end of its forecast and revenue at the lower end.

Bombardier delivered 36 business jets in the quarter ended Sept. 30, compared with 43 in the same period last year. It delivered 16 commercial aircraft, two more than a year earlier.

The company's net loss narrowed to US$94 million, or 4 cents per share, compared with US$4.88 billion, or US$2.20 a share, a year earlier. Revenue fell nearly 10 percent to US$3.74 billion.

Bombardier booked non-cash charges of about US$4.4 billion on its CSeries and Learjet 85 programs a year earlier.

The company posted an adjusted loss of US$10 million, compared with analysts' average estimate of a loss of US$92.8 million, according to Thomson Reuters I/B/E/S.

It broke even on a per share basis. Analysts had expected a loss of 3 cents per share.

"We continue to gain momentum as we execute our turnaround plan and transform our company," said Alain Bellemare, Bombardier's president and chief executive officer since he joined the company in early 2015.

With files from The Canadian Press