GE: Q1 results are in

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Improving services, orders, and cash while managing through current challenges; on track with plans to launch three independent investment-grade companies

Total orders $18.9B, +11%; organic orders +13% Total revenues (GAAP) $17.0B, flat; adjusted revenues* $16.3B, +0.8% organically* Profit margin (GAAP) of (3.1)%, (450) bps; adjusted profit margin* 5.8%, +110 bps organically* Continuing EPS (GAAP) of  $(0.74), $(0.75); adjusted EPS* $0.24, +$0.11 Cash from Operating Activities (GAAP) $(0.5)B, +$2.1B; free cash flow* $(0.9)B, +$2.5B, ex. disc. factoring* +$1.7B GE (NYSE:GE) announced results today for the first quarter ending March 31, 2022. GE Chairman and CEO H. Lawrence Culp, Jr. said,... ... More: Official Press Release GE

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