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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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647 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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843 days ago
U.S. Dollar Firms On Deficit Concerns
The U.S. dollar was higher against its most major counterparts in the New York session on Thursday, as treasury yields soared amid concerns about the fiscal impact of President Donald Trump's tax bill.
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3h 9min ago
Swiss Market Ends Notably Lower
After opening modestly down, the Switzerland market kept sliding on Thursday, and despite recovering some lost ground past mid afternoon, ended the day's session on a weak note.
Concerns about U.S. debt, and continued uncertainty about tariff negotiations rendered the mood cautious.
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4h 14min ago
European Stocks Close Weak As U.S. Fiscal Deficit Fuels Growth Concerns
European stocks closed lower on Thursday as rising concerns over U.S. fiscal outlook and a lack of clarity on tariff negotiations rendered the mood cautious, prompting investors to lighten commitments.
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4h 34min ago
Canadian Market Up Marginally At Noon In Cautious Trade
After opening slightly up, the Canadian market slipped into negative territory Thursday morning, but edged up a bit subsequently in cautious trade, with a few stocks from technology and financials sectors posting solid gains.
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5h 50min ago
U.S. Existing Home Sales Unexpectedly See Further Downside In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales fell by 0.5 percent to an annual rate of 4.00 million in April after plunging by 5.9 percent to a rate of 4.02 million in March.
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7h 21min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 227,000
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th. The Labor Department said initial jobless claims edged down to 227,000, a decrease of 2,000 from the previous week's unrevised level of 229,000. The dip surprised economists, who had expected jobless claims to inch up to 230,000.
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8h 17min ago
