Posted by: Windfair Editors
GE posts Q4 results
Official Press Release GE:
GE announces fourth quarter 2022 results
Total orders $25.4B, +15%; organic orders +18% / Total revenues (GAAP) $21.8B, +7%; adjusted revenues* $21.0B, +11% organically* / Profit margin (GAAP) of 10.3%, +2,740 bps; adjusted profit margin* 10.3%, +290 bps organically* / Continuing EPS (GAAP) of $1.99, +$5.23; adjusted EPS* $1.24, +$0.42 / Cash from Operating Activities (GAAP) $4.6B, +$2.2B; free cash flow* $4.3B, +$0.6B
Full year 2022: Total orders $83.0B, +4%; organic orders +7% Total revenues (GAAP) $76.6B, +3%; adjusted revenues* $73.6B, +6% organically* Profit margin (GAAP) of 1.8%, +680 bps; adjusted profit margin* 7.9%, +160 bps organically* Continuing EPS (GAAP) of $0.53, +$3.78; adjusted... ... More: Official Press Release GE