GE HealthCare Reports Earnings Miss and Lowers Full-Year Guidance
GE HealthCare Technologies Inc. (GEHC) reported first-quarter earnings below expectations and lowered its full-year profit guidance, leading to a 6% drop in premarket shares. Revenue rose 7.4% year-over-year to $5.1 billion, but profitability declined due to higher costs and supply chain issues.
Tickers: $GEHC
Topics: Earnings Margin Decline Profit Guidance Revenue Growth Stock Price Movement