GE posts Q2 results

Wind Industry Profile of

Strong quarter; planned spin-offs on track

Total orders $18.7B, +2%; organic orders +4% Total revenues (GAAP) $18.6B, +2%; adjusted revenues* $17.9B, +5.0% organically* Profit margin (GAAP) of (1.3)%, +440 bps; adjusted profit margin* 9.3%, +380 bps organically* Continuing EPS (GAAP) of  $(0.59), $(0.02); adjusted EPS* $0.78, +$0.56 Cash from Operating Activities (GAAP) $0.5B, +$0.9B; free cash flow* $0.2B, $(0.0)B, ex. disc. factoring* +$0.0B   GE (NYSE:GE) announced results today for the second quarter ending June 30, 2022. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “The GE team delivered a strong second quarter with growth in orders, revenue,... ... More: Official Press Release GE

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