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 (GE) on Tuesday completed the division of its business into three independent public companies, GE HeathCare, GE Aerospace, and GE Vernova. According to the company's statement, GE Aerospace will start trading today on the New York Stock Exchange (NYSE)...
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...
The jam-packed earnings week is just about to commence, with Tesla Inc.'s results, which will come out on January 24, at the center of attention. The carmaker's revenue is seen rising somewhat on an annual basis, according to analysts. Other big names also joining the line-up are Johnson and...
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,...
General Electric Company revealed on Tuesday that total revenues jumped 18% year over year to $16.7 billion in its second fiscal quarter of 2023. Continuing earnings per share stood at $0.91 in the three-month period that ended on June 30, 2023, improving from continuing loss per share of...
General Electric Company and Hindustan Aeronautics Limited from India are nearing an agreement centered on joint jet engine production, CNBC reported on Friday, citing two unidentified sources with knowledge about the deal.
Under the potential agreement, GE's F414 engine would be...
General Electric Co. (GE) stated on Tuesday that its total revenues were $14.49 billion in the first quarter of fiscal 2023, rising 14% from the corresponding timeframe a year earlier. In the first trimester of 2023, continuing earnings per share improved to $5.56 from a continuing loss per...
General Electric Company (GE) revealed on Tuesday that its total orders for the fourth quarter of the fiscal 2022 amounted to $25.4 billion, surging by 15% in comparison to the corresponding trimester a year ago. The volume of total orders increased 4% to reach $83 billion for the full year.
The...
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