GE Vernova Inc. announced on Wednesday its revenue in the second quarter of the fiscal year 2024 saw an annual rise of 1% to reach $8.2 billion. The company recorded a net income of $1.28 billion, an improvement from a net loss of $149 million registered in the same trimester the year before. Its...
GE HealthCare Technologies Inc. announced on Tuesday its revenue in the first quarter of the fiscal year 2024 observed a slight annual decline of 1% to reach $4.6 billion. On the other hand, the company's net income rose by 1.3% year-on-year to stand at $388 million. Meanwhile, its diluted earnings...
General Electric Company announced on Tuesday in a press release that in the fourth quarter of fiscal 2023, its total revenues stood at $19.4 billion, jumping 15% compared to the same period a year ago. Net earnings per share in the three months ending December 31 amounted to $1.45, falling...
General Electric Co. (GE) revealed on Tuesday the Boards of Directors for the future GE Vernova and GE Aerospace. The appointments follow the 2021 company's announcement to create three new firms focusing on aviation, healthcare, and energy.
According to GE's statement, following the spin-off...
General Electric Company announced on Tuesday in a press release that in the third quarter of fiscal 2023, its total revenues stood at $17.3 billion, soaring 20% compared to the same period a year ago.
Net earnings per share in the three months ending September 30 amounted to $0.23,...
The United States and India are set to announce several defense and technology agreements during Indian Prime Minister Narendra Modi's visit to Washington DC, CNBC reported on Thursday, citing US officials.
One of the sources that the "nature, the depth and breadth of our deliverables for this...
General Electric Company (GE) announced on Tuesday that its revenue in the third quarter of the year advanced by 3% on an annual level to reach $19.08 billion. On the other hand, the company's total orders declined by 9% compared to the same trimester in 2021 to land at $20 billion. It also...
General Electric Company (GE) is dismissing 20% of its workers at the United States onshore wind farms, with similar moves likely to take place soon in Europe and Asia, CNBC reported on Thursday, citing a source familiar with the matter.
"These are difficult decisions, which do not reflect on our...
General Electric (GE) announced on Monday the names of three different company names that will emerge after GE's definite split, which is expected to take place within the next two years.
The new businesses will be named GE HealthCare, which will be listed as Nasdaq under the symbol "GEHC", GE...
General Electric Co. announced on Tuesday that it is tripling its battery and solar energy storage Power Electronics Systems production capability by 2022 to 9 GW annually.
The announcement, according to GE, is tied to strong order growth in recent months and a solid demand prospect. The Power...
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