Industrial conglomerate General Electric Co. (GE) reported Tuesday a net profit for the third quarter that sharply increased from last year, driven by improved profit margins and 20 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also raised its outlook for the full-year 2023.
In pre-market activity on the NYSE, GE shares are trading at $111.00, up $4.31 or 4.04 percent.
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