GE HealthCare raises guidance as Q3 revenue hits $5.5 billion
GEHC GE HealthCare Technologies Inc
$81.84 -0.92%
View chart & analysis → - 1GE HealthCare recorded $5.5 billion in Q3 revenue, achieving an organic revenue growth rate of 6.2% for the quarter.
- 2GE HealthCare's backlog reached $23.7 billion at the end of the quarter, with an adjusted EBIT margin of 16.6% in Q3.
- 3GE HealthCare announced the strategic acquisition of SOFIE Biosciences.
So what's the key point?
GE HealthCare performed well in the third quarter with $5.5 billion in revenue. The company is preparing for future growth by acquiring a new business.
Source The Motley Fool +1 · View original ↗
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