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GE HealthCare Technologies Inc. Profit Declines In Q1

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

GE HealthCare Technologies Inc. (GEHC) revealed earnings for first quarter that Drops, from last year

The company's earnings totaled $389 million, or $0.85 per share. This compares with $564 million, or $1.23 per share, last year.

Excluding items, GE HealthCare Technologies Inc. reported adjusted earnings of $452 million or $0.99 per share for the period.

The company's revenue for the period rose 7.4% to $5.131 billion from $4.777 billion last year.

GE HealthCare Technologies Inc. earnings at a glance (GAAP) :

-Earnings: $389 Mln. vs. $564 Mln. last year.
-EPS: $0.85 vs. $1.23 last year.
-Revenue: $5.131 Bln vs. $4.777 Bln last year.

-Guidance:
Full year EPS guidance: $ 4.80 To $ 5.00
Full year revenue guidance: 3.0 % To 4.0 %

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