2024-05-02

http://w3.windfair.us/wind-energy/news/37459-ge-quarter-q1-resukts-orders-revenue-profit-solid-performance-chairman-ceo-technology-energy-transition

04/28/2021

Posted by: Windfair Editors

GE Presents Q1 Results

Image: GE

GE announces solid first quarter results, despite a still difficult environment for Aviation.

Official Press Release GE:

GE Announces First Quarter Results

Wind Industry Profile of

Positioned to deliver on 2021 commitments and long-term profitable growth

Total orders $17.0B, (13)%; organic orders (8)% Total revenues (GAAP) $17.1B, (12)%; Industrial organic revenues* $16.0B, (10)% Industrial profit margin (GAAP) of 2.3%, (3,260) bps; adjusted Industrial profit margin* 5.1%, (40) bps, +110 bps organically Continuing EPS (GAAP) of $0.00, $(0.70); adjusted EPS* $0.03, +$0.01 GE Industrial CFOA (GAAP) $(0.5)B, +$1.2B; GE Industrial free cash flow* $(0.8)B, +$1.7B, excluding BioPharma GE (NYSE:GE) announced results today for the first quarter ending March 31, 2021. GE Chairman and CEO H. Lawrence Culp, Jr. said, “I am proud of the... ... More: Official Press Release GE