GE HealthCare reports third quarter 2024 financial results
GE HealthCare Technologies Inc. (GEHC)
Company Research
Source: Business Wire
Revenue growth was 1% year-over-year; Organic revenue growth* was 1%Net income margin was 9.7% versus 7.8% for the prior year; Adjusted earnings before interest and taxes (EBIT) margin* was 16.3% versus 15.4%Diluted earnings per share (EPS) were $1.02 versus $0.83 for the prior year; Adjusted EPS* was $1.14 versus $0.99Cash flow from operating activities was $742 million versus $650 million for the prior year; Free cash flow* was $651 million versus $570 millionCompany raises low end of full-year 2024 Adjusted EBIT margin* and Adjusted EPS* guidance with continued execution; trending toward the lower end of Organic revenue growth* range CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today reported financial results for the third quarter ended September 30, 2024.GE HealthCare President and CEO Peter Arduini said, “In the third quarter, we reported sales and orders growth of 1% globally. Both sales and orders grew in the mid-single digits excluding China, with particular stre
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