GE Vernova Raises Full-Year Outlook Amid Strong Q2 Performance
GE Vernova raised its full-year revenue and free cash flow outlook following a strong second-quarter performance marked by surging orders, higher margins, and increased down payments. The company reported $176 billion in total backlog at the end of Q2, driven primarily by demand for power generation and grid equipment.
Tickers: $GEV
Topics: backlog growth free cash flow grid equipment power generation