GE HealthCare’s First Annual Financial Performance As Public Company Shows Strength, FY24 Outlook Exceed Investor Expectations



GE Healthcare Technologies Inc (NASDAQ:GEHC) reported fourth-quarter 2023 sales of $5.21 billion, up 5% Y/Y on an organic basis, slightly beating the consensus of $5.09 billion, driven by volume and price.

Net income attributable to GE HealthCare was $403 million versus $554 million for the prior year, and Adjusted EBIT was $837 million versus $844 million.

The company’s total book-to-bill was strong at 1.05 times. Total company orders increased 3% organically year-over-year.

Also Read: General Electric Gears Up For Vernova Spin-Off Amid GEHC Stock …

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