financetom
Business
financetom
/
Business
/
GE HealthCare Technologies Q1 Adjusted Earnings Rise, Revenue Falls; Reaffirms 2024 Adjusted EPS Guidance; Shares Slump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GE HealthCare Technologies Q1 Adjusted Earnings Rise, Revenue Falls; Reaffirms 2024 Adjusted EPS Guidance; Shares Slump
Apr 30, 2024 6:29 AM

08:53 AM EDT, 04/30/2024 (MT Newswires) -- GE HealthCare Technologies ( GEHC ) reported Q1 adjusted earnings Tuesday of $0.90 per share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.91.

Revenue for the quarter ended March 31 was $4.65 billion, down from $4.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.80 billion.

The company reaffirmed its 2024 adjusted EPS guidance of $4.20 to $4.35. Analysts surveyed by Capital IQ expect $4.30.

The company's shares were down 8.8% in premarket activity.

Price: 81.03, Change: -7.91, Percent Change: -8.89

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Novo Nordisk's Wegovy Weight-Loss Drug Gets Approval in China
Novo Nordisk's Wegovy Weight-Loss Drug Gets Approval in China
Jun 25, 2024
06:49 AM EDT, 06/25/2024 (MT Newswires) -- Novo Nordisk A/S ( NVO ) said Tuesday that its Wegovy weight loss weekly injectable drug has been approved in China for long-term weight management. The drug will initially be available to patients who have a body mass index that falls under the category of obese and have at least one weight-related comorbidity,...
Microsoft hit with EU antitrust charge over Teams app
Microsoft hit with EU antitrust charge over Teams app
Jun 25, 2024
BRUSSELS, June 25 (Reuters) - Microsoft ( MSFT ) faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product. Two decades after Microsoft's ( MSFT ) last EU fine, the EU competition watchdog's latest action was triggered by a 2020 complaint from rival workspace...
TIMELINE-Microsoft's decades-long battle with EU antitrust regulators
TIMELINE-Microsoft's decades-long battle with EU antitrust regulators
Jun 25, 2024
June 25 (Reuters) - The European Commission on Tuesday charged Microsoft ( MSFT ) with illegally bundling its chat and video app Teams with its Office product. The following are events in Microsoft's ( MSFT ) relationship with EU antitrust regulators and ongoing investigations into its other businesses: 1998 - The European Commission opens an investigation into Microsoft ( MSFT...
Market Chatter: Apple Rejected Idea to Integrate Meta Platforms' AI Chatbot Into iPhones
Market Chatter: Apple Rejected Idea to Integrate Meta Platforms' AI Chatbot Into iPhones
Jun 25, 2024
06:54 AM EDT, 06/25/2024 (MT Newswires) -- Apple ( AAPL ) has spurned attempts by Meta Platforms ( META ) to integrate the social media company's AI chatbot Llama into iPhones, Bloomberg reported late Monday, citing people with knowledge of the matter. The companies' discussions concluded months ago without reaching an agreement, the report said. Apple ( AAPL ) said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved