GE HealthCare Reports Q3 Earnings Beat with $5.51 Billion in Revenue
GE HealthCare (GEHC) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $1.34, surpassing estimates by $0.14, while revenue reached $5.51 billion, representing a 7.2% increase year-over-year. The results were bolstered by strong operational metrics, including organic orders growth of 4.0% and a healthy book-to-bill ratio of 1.03. With a substantial backlog of $23.7 billion, the company demonstrates steady demand across its medical technology portfolio.
Tickers: $GEHC
Topics: earnings beat financial performance organic orders revenue growth