2019-11-14
http://w3.windfair.net/wind-energy/news/31400-ge-results-first-quarter-2019-q1-progress-business-guidance

First Quarter 2019 Results Announced by GE

Image: GEImage: GE
"Our quarterly results were better than our expectations"

Official Press Release GE:

GE Announces First Quarter 2019 Results

Wind Industry Profile of
GE Announces First Quarter 2019 Results

GE CFOA (GAAP) of $(884) million; adjusted GE Industrial free cash flows (non-GAAP) of $(1.2) billion / Continuing EPS (GAAP) of $0.11; adjusted EPS (non-GAAP) of $0.14 / Total revenues (GAAP) of $27.3 billion, down 2%; Industrial segment organic revenues (non-GAAP) of $26.2 billion, up 5% / 2019 guidance remains unchanged

GE (NYSE:GE) announced results today for the first quarter ending March 31, 2019. GE Chairman and CEO H. Lawrence Culp, Jr. said, “We saw progress in the first quarter as we continued to execute on our priorities to improve our financial position and strengthen our businesses. We announced the sale of BioPharma, closed the Wabtec merger, settled WMC, and improved our operating performance. We delivered strong industrial orders in the quarter, up 9... ... More: Official Press Release GE

Keywords:
GE, results, first quarter, 2019, Q1, progress, business, guidance







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