GE HealthCare misses quarterly revenue estimates on weakness in China market

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Explore stories from Atlantic Canada.

Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #police - GE HealthCare Technologies missed first-quarter revenue estimates on Tuesday, hurt by lower sales in China market and weaker-than-expected demand for its scanning devices, sending its shares tumbling as much as 12% before the bell.

The company, at an investor conference last month, had said it expects a sales decline in China during the first half of the year. It expects to see growth in the second half with the end of the Chinese government's anti-corruption campaign that began last year. GE HealthCare's total sales came in at $4.65 billion in the quarter, missing LSEG estimates of $4.8 billion.

The company's three other units are ultrasound, patient care solutions and pharmaceutical diagnostics.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 45. in BE

Belgique Dernières Nouvelles, Belgique Actualités