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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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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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Asian Markets Track Wall Street Higher
Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private US economic data and growing expectations that the US Supreme Court may reject the Trump administration's aggressive trade policy.
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Sensex, Nifty Seen Higher At Open As US Supreme Court Weighs Legality Of Trump Tariffs
Indian shares look set to open higher on Thursday as investors react to signs of a resilient U.S. labor market and reports that the U.S. Supreme Court seems skeptical of President Trump's sweeping global tariffs, with key justices noting that he had overstepped his authority with his signature economic policy.
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Japanese Market Sharply Higher
The Japanese market is sharply higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up almost 2 percent to above the 50,900 level, with gains across most sectors led by index heavyweights, exporters and financial stocks.
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1 h 38 min atrás
Thai Stock Market May Reclaim 1,300-Point Plateau
The Thai stock market has moved lower in five straight sessions, slumping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau although it's expected to open to the upside on Thursday.
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2 h 9 min atrás
Additional Support Anticipated For Indonesia Shares
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 8,320-point plateau and it may add to its winnings on Thursday.
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2 h 39 min atrás
Hong Kong Bourse May Halt Its Slide On Thursday
The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 220 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 25,930-point plateau although it may find traction on Thursday.
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2 h 54 min atrás
