General Electric Vernova debuts flat financial results with its first-ever earnings
GE(GE) Invezz·2024-04-25 18:39
On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Unfortunately, in the quarter, GE Vernova orders of $9.7 billion were mostly flat, down 1% organically. Net income came in at a loss of $0.1 billion. However, revenue of $7.3 billion was up 6%, or 5% organically, driven by electrification and power.Services revenue gr ...