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GE HealthCare Q4 Preliminary Revenue Up About 7% To About $4.9 Bln
(RTTNews) - Providing preliminary unaudited revenue results for the fourth quarter and full year 2022 on Tuesday, GE HealthCare Technologies Inc. (GEHC), recently spun-off from General Electric Co. (GE), said revenue for the fourth quarter grew about 7 percent to about $4.9 billion from last year. Organic revenue growth was approximately 12 percent.
For fiscal 2022, revenue increased about 4 percent to about $18.3 billion from last year. Organic revenue growth was approximately 7 percent.
Looking ahead to fiscal 2023, the company also said it expects full-year organic revenue growth in the range of 5 to 7 percent.
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GE HealthCare Gets 510(k) Clearance From FDA For Portrait Mobile Monitoring Solution
GE HealthCare (GEHC) announced Monday it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Portrait Mobile wireless and wearable monitoring solution.
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814 days ago
GE HealthCare Q4 Profit Declines
Precision care innovator GE HealthCare Technologies, Inc., recently spun-off from General Electric Co., reported on Monday that profit for the fourth quarter declined from last year, reflecting higher interest and other financial charges. The company also initiated adjusted earnings guidance for the full-year 2023.
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1010 days ago
U.S. Private Sector Adds 42,000 Jobs In October, More Than Expected
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. rebounded by more than expected in the month of October.
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1h 31min ago
Higher Commodity Prices, Bargain Hunting May Lift Canadian Stocks At Open
Canadian stocks may move higher Wednesday morning, tracking firm oil and metal prices. Some bargain hunting is also likely after a sell-off in the previous session pushed the market to a six-week low.
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1h 41min ago
Wall Street May Open With Slightly Negative Bias
Slightly lower S&P and Nasdaq futures amid valuation concerns indicate a flat to negative start for stocks on Wall Street Wednesday morning.
Data on manufacturing and services sector activity in the U.S. in the month of October may provide some direction to the mark
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1h 59min ago
FTSE 100 Recovers After Weak Start, Up Marginally At Noon
The U.K. stock market's benchmark index FTSE 100 was up marginally around noon on Wednesday with investors largely choosing to stay away from riskier assets due to concerns about valuations amid lingering uncertainty about global economic growth.
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2h 40min ago
Eurozone Private Sector Expands Most Since Early 2023
The euro area private sector posted its strongest expansion since May 2023, supported by improved demand conditions, final survey data from S&P Global showed on Wednesday. The HCOB final composite output index improved to 52.5 in October from 51.2 in September. This was the highest score since May 2023, indicating a breakout from the generally subdued growth trend seen throughout 2025 so far.
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2h 52min ago
CAC 40 Modestly Lower In Cautious Trade
French stocks are showing weakness on Wednesday, amid concerns about stretched valuations in technology stocks, and lingering worries about the potential impact of Trump administration's tariff policies.
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3h 23min ago
