NEWSLETTER
GE HealthCare Technologies released its first-quarter earnings as a public company on Monday, while reaffirming earlier guidance on full-year earnings just weeks after completing its spin-off from former parent General Electric. (GE) – Get a free report.
GE HealthCare said adjusted earnings for the three months ended December, the newly formed group’s fiscal fourth quarter, were pegged at $1.31 a share, with revenue up 8% from last year to $4.9k. millions.
Looking ahead to fiscal 2023, GE HealthCare said it sees adjusted earnings in the region of $3.60 to $3.75 per share, while reaffirming organic revenue growth rates of between 5% and 7% for its medical team.
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