Category Archives: GEV

GE Vernova (GEV) posted 25Q3 revenues of $10.0 billion, up 11.8% YOY.   Operating income swung from a loss of $359 million to a profit of $366 million, primarily due to a $300 million favorable swing at Wind, and improvements of … Continue reading →

GE Vernova (GEV) posted 25Q2 revenues of $9.1 billion, up 21.9% YOY.   Yet, operating income fell 47.4% from $527 million to $378 million, primarily due to the nonrecurrence of $306 million related to an arbitration refund received in 24Q2.  Similarly, … Continue reading →

GE Vernova (GEV) posted 25Q1 revenues of $8.0 billion, up 21.3% YOY.   Operating income swung from a loss of $289 million to income of $43 million.  With pension and other income, net of interest costs, pre-tax earnings swung from a … Continue reading →

GE Vernova (GEV) posted 24Q4 revenues of $10.6 billion, up 5%, with growth in both equipment and services.   Operating income more than doubled from $195 million to $593 million, as did net income from $205 million to $484 million.  GAAP … Continue reading →

GE Vernova (GEV) reported a 24Q3 GAAP diluted loss per share of $0.35 compared with 23Q3’s pro forma loss of $0.62.  This quarter saw a big increase in SG&A from standalone corporate and higher restructuring costs.  Excluding those and other … Continue reading →