Posted by: Windfair Editors
GE announces Q2 results
Official Press Release GE:
GE announces second quarter 2021 results
Strong overall performance; raises full year outlook for Industrial free cash flow* to $3.5 to $5.0 billion
GE (NYSE:GE) announced results today for the second quarter ending June 30, 2021. GE Chairman and CEO H. Lawrence Culp, Jr. said, “The GE team delivered strong overall performance in the second quarter. Orders and revenue returned to growth, our operating margins expanded across all segments, and we generated positive Industrial free cash flow. Momentum is building across our businesses, driven by Healthcare and services overall, with Aviation showing early signs of recovery. Based on our encouraging cash results, we are increasing our full-year free cash flow outlook." Culp continued, “GE is transforming to a more focused, simpler,... ... More: Official Press Release GE
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