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Stockreport

GEHC Stock Falls Despite New Launch to Boost Breast Cancer Diagnosis [Yahoo! Finance]

GE Aerospace (GE)  More Company Research Source: Yahoo! Finance
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
It is the latest 3D ultrasound product from the company, which is expected to offer advanced artificial intelligence (AI) and innovative features to drive faster, reproducible supplemental screening and streamline exam readings on patients with dense breasts. Invenia ABUS Premium has received the FDA's premarket approval and will be launched in key countries throughout 2025. The latest move is expected to significantly strengthen GE HealthCare's Ultrasound segment, thus boosting its business in the niche space. Following the announcement, shares of the company lost nearly 1.1% till last trading. Historically, the company has gained a top-line boost from its various product innovations. Although the latest launch is likely to be beneficial for GEHC's top-line growth, the stock declined overall. GE HealthCare currently has a market capitalization of $37.27 billion. It has an earnings yield of 5.8%, better than the industry's 0.3%. In the last reported quarter, GEHC delivered a [Read more]
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