Tag Archives: GE Healthcare

GE Healthcare (GEHC) 24Q1 Update

GEHC reported 24Q1 revenues of $4.65 billion, down 1.2% YOY and 4.1% below my estimate.  Excluding currency, revenue was flat.  Revenues declined in Imaging, Ultrasound and PCS, but PDx revenue increased 7.3%.  Sales in China fell 11%.  The company faced … Continue reading

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GE Healthcare Technologies (GEHC) 23Q2 Update

GEHC reported 23Q2 revenues of $4.82 billion, up 7.4% YOY.  Revenues increased 9% organically.  Orders were also up 6% organically.  Equipment revenues grew 11%; while services rose 1%.  The strong growth in equipment augurs well for services revenue growth over … Continue reading

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GE Healthcare Technologies (GEHC) 23Q1 Update

GEHC reported 23Q1 revenues of $4.71 billion, up 8.4% YOY.  Excluding currency, revenue increased 12.4%.  Operating income rose 9.8% to $559 million.  Incremental interest expense from debt taken on in the spin-off plus an increase in the effective tax rate … Continue reading

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GE Healthcare Technologies (GEHC) 22Q4 Update

In its first earnings release since being spun off from General Electric, GEHC reported revenues of $4.9 billion, up 8% YOY (and up 13%, net of acquisitions and currency).  Net income from continuing operations was flat at $567 million.  GAAP … Continue reading

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GE Healthcare Technologies (GEHC)

GE Healthcare Technologies (GEHC) will be spun-off from General Electric Company (GE) on January 4, 2023.  Under the terms of the spin-off, GE shareholders will receive one share of GEHC for every three shares of GE that they own.  In … Continue reading

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