GE HealthCare Raises 2026 Guidance as Third-Quarter Results Top Estimates
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GE HealthCare Technologies Inc. raised its full-year guidance Wednesday after third-quarter non-GAAP earnings per share topped estimates by 14 cents and revenue exceeded estimates by $160 million. Revenue reached $5.51 billion, up 7.2% from a year earlier. Non-GAAP earnings per share was $1.34. Organic orders grew 4%. The company reported a book-to-bill ratio of 1.03 and a backlog of $23.7 billion. Before the results, GE HealthCare had reaffirmed its 2026 targets for organic revenue growth of 3% to 4%, free cash flow of about $1.6 billion, adjusted earnings per share of $4.80 to $5 and an adjusted EBIT margin of…
Source: TokenPost
