GE HealthCare Technologies Inc.
beat consensus estimates for the second quarter and raised its full-year guidance. The company, which was spun out of General Electric Co. in January, posted net income of $418 million, or 91 cents a share, for the quarter, down from $485 million, or $1.04 a share, in the year-earlier period. Adjusted per-share earnings came to 92 cents, ahead of the 87 cent FactSet consensus. Revenue rose to $4.817 billion from $4.484 billion a year ago, also ahead of the $4.792 billion FactSet consensus.
beat consensus estimates for the second quarter and raised its full-year guidance. The company, which was spun out of General Electric Co. in January, posted net income of $418 million, or 91 cents a share, for the quarter, down from $485 million, or $1.04 a share, in the year-earlier period. Adjusted per-share earnings came to 92 cents, ahead of the 87 cent FactSet consensus. Revenue rose to $4.817 billion from $4.484 billion a year ago, also ahead of the $4.792 billion FactSet consensus.