GE HealthCare to Report Q3 Results After Patient Care Solutions Slump
Photo: TokenPost
GE HealthCare will release third-quarter results before U.S. markets open Wednesday, after Patient Care Solutions posted lower revenue and a segment loss in the second quarter. For the quarter ended June 30, revenue was $5.295 billion, up 5.7% year over year, and organic revenue growth was 3.5%. Organic orders increased 11.1%, while backlog stood at $23.9 billion. Diluted earnings per share was $1.24; adjusted earnings per share was $1.13, up 6.6% from a year earlier. Both measures benefited from tariff refunds and a lower tax rate.
Source: TokenPost
