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GE Vernova Q4 Profit Surges, Revenues Miss Street; Lifts FY Revenue View; Stock Down

GE Vernova Q4 Profit Surges, Revenues Miss Street; Lifts FY Revenue View; Stock Down

GE Vernova Inc., an energy equipment manufacturing and services company, Wednesday raised its outlook for fiscal 2026 and 2028, which now includes the pending Prolec GE acquisition, following positive results in its fourth quarter. The company's quarterly profit surged from last year on a hefty tax benfit as well as higher revenues, which were below market estimates.
RTTNews | 226 gün önce