GE HealthCare Technologies Inc

GE Healthcare Technologies, Inc. operates as a holding company with interest in providing medical technology, pharmaceutical diagnostics and digital solutions. Its operating segments include Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment provides scanning devices, clinical applications, service capabilities and digital solutions. The Ultrasound segment offers screening, diagnosis, treatment and monitoring of certain diseases. The Patient Care Solutions segment specializes in providing medical devices, consumables, services and digital solutions. The Pharmaceutical Diagnostics segment supplies diagnostic agents to the global radiology and nuclear medicine community. The company was founded on May 16, 2022 and is headquartered in Chicago, IL.

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q4 2024

GE HealthCare posts robust Q4 results, eyes growth opportunities

GE HealthCare Technologies Inc delivered a strong Q4 2022 performance with notable organic revenue growth and margin expansion.
While facing challenges such as COVID-related impacts and debt interest, the company is well-positioned for growth through pricing strategies and market demand.
Opportunities lie in continued revenue growth, margin expansion, and product innovations, supported by strong market demand and strategic initiatives.
Overall, GE HealthCare's focus on performance improvement, innovation, and financial discipline sets a positive trajectory for future growth and competitiveness.

GE HealthCare reports robust Q1 earnings, eyes growth opportunities

GE HealthCare Technologies Inc delivered strong financial results in Q1 2023, with revenue growth, margin improvement, and reaffirmed guidance for the full year. The company's focus on innovation, technology investments, and strategic acquisitions positions it well for future growth.

GE HealthCare reports strong Q2 earnings, eyes precision care growth

GE HealthCare Technologies delivered strong financial performance in Q2 2023, driven by revenue growth, innovation in AI technologies, and strategic investments in key segments.
While facing challenges such as margin improvements and geopolitical risks, the company remains focused on capitalizing on growth opportunities in precision care and technological advancements.
Executives emphasized a balanced approach to capital allocation, margin expansion, and long-term growth strategies, positioning GEHC for sustained success in the evolving healthcare landscape.
Overall, GEHC's Q2 earnings call highlighted a resilient business outlook, with a clear focus on driving innovation, enhancing margins, and seizing opportunities for growth and market leadership.

GE HealthCare reports solid Q3 growth, eyes opportunities amid challenges

GE HealthCare Technologies Inc reported strong Q3 2023 performance with revenue growth, margin expansion, and strategic collaborations.
The company faces challenges in capital spending sentiment, margin targets, and managing balance sheet risks.
Opportunities for growth include new product launches, market focus, and upcoming investor engagements.
Overall, GEHC's resilience, operational improvements, and growth strategies position it well for future success.

GE HealthCare reports robust earnings, eyes growth through innovation

GE HealthCare Technologies Inc delivered strong financial performance in Q4 2023 and full-year 2023, driven by organic growth, strategic acquisitions, and margin expansion initiatives.
While facing challenges such as anticipated market declines and macroeconomic uncertainties, the company is well-positioned to leverage opportunities in increased demand, innovative technologies, and strategic partnerships.
By focusing on driving value through innovation, sustainability, and strategic investments, GE HealthCare is poised for continued growth and market leadership in the healthcare technology sector.
The outlook for 2024 indicates a positive trajectory with anticipated revenue growth, margin expansion, and a commitment to delivering high-value solutions to customers, supported by a strong financial foundation.

GE Healthcare reports steady Q1 performance amidst global challenges

GE Healthcare Technologies showcased a mixed performance in Q1 2024, with flat organic revenue growth and varied segment results.
The company remains focused on strategic alliances, margin initiatives, and cost savings to support EBIT expansion and solid margin performance.
Challenges in China sales and the need for clarity on the stimulus package present uncertainties, while opportunities lie in segment growth and new product introductions.

GE HealthCare reports steady Q2 growth amidst China challenges

GE HealthCare Technologies Inc delivered solid Q2 performance with growth in key segments like Patient Care Solutions and Pharmaceutical Diagnostics. Despite challenges in China, the company remains focused on driving margin expansion and innovation for sustained growth.

GE HealthCare reports steady Q3 growth amidst China market challenges

GE HealthCare Technologies Inc delivered a solid financial performance in Q3 2024, with 1% organic revenue growth and strong margin performance.
While facing challenges in the slow recovery of the China market, the company showcased strengths in free cash flow generation and technological innovations.
Future opportunities lie in margin expansion, growth initiatives like Flyrcado and AI solutions, and market differentiation through innovative healthcare technologies.

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GE Healthcare Technologies, Inc. engages in the development and manufacturing of medical technology, pharmaceutical diagnostics, and digital solutions. It operates through the following segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment provides scanning devices, clinical applications, service capabilities and digital solutions. The Ultrasound segment offers screening, diagnosis, treatment, and monitoring of certain diseases. The Patient Care Solutions segment specializes in providing medical devices, consumables, services, and digital solutions. The Pharmaceutical Diagnostics segment supplies diagnostic agents to the global radiology and nuclear medicine community. The company’s history roots back to the year 1892 and it was incorporated on May 16, 2022 and is headquartered in Chicago, IL.

CHICAGO--(BUSINESS WIRE)--Today GE HealthCare (Nasdaq: GEHC) announced an industry-first US FDA 510K clearance of Critical Care Suite 2.1 featuring a Pneumothorax (PTX) algorithm for the detection, notification, triage and diagnosis of PTX. The updated PTX algorithm expands Critical Care Suite's on-device triage capabilities by providing immediate notification of the presence or absence of pneumothorax, as well as an overlay display both on-device and in PACS to assist with PTX localization. X-.

GE HealthCare Expands On-Device Triage Capabilities of Critical Care Suite with FDA Clearance of Algorithm for Pneumothorax Detection, Notification, Triage and Diagnosis

U.S. equities fell to open the new trading week ahead of the release of the Fed's favorite measure of inflation, which could give hints as to where interest rates are heading. The S&P 500 dropped 0.2%, only its second losing session in the past nine.

S&P 500 Gains and Losses Today: GE HealthCare Technologies Downgraded

Crown Castle International

U.S. equities were mixed and little changed at midday Monday ahead of key inflation data due later in the week. The Dow and S&P 500 lost ground, while the Nasdaq was in the green.

Midday Movers: GE HealthCare Slumps, Crown Castle Advances

CHICAGO--(BUSINESS WIRE)--GE HealthCare announces new AI platform to support clinicians with breast cancer detection, improved workflow productivity - MyBreastAI Suite.

GE HealthCare Releases MyBreastAI Suite to Support Clinicians in Accelerating Breast Cancer Detection

GE HealthCare Technologies Inc.'s stock GEHC fell 2.8% in premarket trade Monday, after UBS downgraded the stock to sell from neutral and cut its price target to $66 from $86. Analysts led by Graham Doyle said a combination of slower order momentum, tough comparables and a lack of pricing tailwinds has left them below consensus on certain earnings metrics.

GE HealthCare's stock slides premarket after UBS downgrade to sell

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will highlight more than 40 innovations, including several key artificial intelligence (AI)-enabled technologies within the Imaging, Ultrasound, and digital space at the Radiological Society of North America's (RSNA) 2023 Annual Meeting taking place Nov. 26-30 in Chicago, IL. Each connected care solution is designed to better support clinicians, improve patient care, and increase health system efficiency at a time when healthcare system cha.

GE HealthCare Showcases More Than 40 Innovations, Including AI-Enabled Imaging Technology Solutions Designed for Precision Care at RSNA23

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) has received U.S. FDA 510(k) Clearance for the new version of Digital Expert Access with remote scanning, the first remote patient scan solution with 510(k) Clearance. Digital Expert Access enables the sharing of expertise, best practices, and in-the-moment advice, as well as real-time, remote console control. Now, with the new version of Digital Expert Access with remote scanning, this innovative solution has evolved to also enable remote.

GE HealthCare Announces New Version of Digital Expert Access, the First FDA 510(k)-Cleared Device to Enable Remote Patient Scanning, and Exclusive Distribution Agreement with IONIC Health

MADISON, Wis.--(BUSINESS WIRE)--The University of Wisconsin School of Medicine and Public Health at UW–Madison and GE HealthCare announced today a 10-year strategic collaboration that builds on an iconic relationship spanning more than 40 years. The new research collaboration expands the existing scope beyond medical imaging to new frontiers in digital technologies and disease-focused solutions. Combining UW–Madison's world-class team of physicians, scientists, and researchers with GE HealthCar.

University of Wisconsin–Madison and GE HealthCare Broaden Shared Commitment to Healthcare Innovation

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), is announcing today that President and Chief Executive Officer, Peter Arduini, and Vice President and Chief Financial Officer, Jay Saccaro, will hold a fireside chat from the RSNA 2023 annual meeting on Wednesday, November 29th at 9:15 am ET/8:15 am CT. The discussion will be hosted by Joanne Wuensch, Managing Director, Equity Research – Medical Technology at Citi. This live webcast can be accessed by visiting GE HealthCare's Investor Rela.

GE HealthCare to Hold Fireside Chat with Citi Medtech Analyst at RSNA 2023

CHICAGO--(BUSINESS WIRE)--As demand for Theranostic care increases, GE HealthCare and BAMF Health are excited to announce a collaboration aimed at enabling BAMF Health to scale turnkey offerings inclusive of leading GE HealthCare technologies and services. The goal of the collaboration is to ensure an agile go-to-market approach to enhance the adoption of Theranostics solutions in the U.S. The arrangement supports a shared interest in better patient outcomes made possible through advanced diagn.

Expanding the Reach of Care for Cancer and Other Disease States: BAMF Health and GE HealthCare collaborate to enable sustainable and scalable solutions for growth in Theranostics

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Masimo

CHICAGO & IRVINE, Calif.--(BUSINESS WIRE)--GE HealthCare and Masimo announced a joint agreement to integrate Masimo SET® into the GE HealthCare Portrait Mobile platform.

GE HealthCare and Masimo Collaborate to Bring Masimo SET® Pulse Oximetry to the Wireless and Wearable GE HealthCare Portrait Mobile Platform

GE HealthCare Technologies Inc. (NASDAQ:GEHC ) Q3 2023 Earnings Conference Call October 31, 2023 8:30 AM ET Company Participants Carolynne Borders - Head-Investor Relations Peter Arduini - President & Chief Executive Officer Jay Saccaro - Vice President & Chief Financial Conference Call Participants Vijay Kumar - Evercore Joanne Wuensch - Citi Anthony Petrone - Mizuho Patrick Wood - Morgan Stanley Larry Biegelsen - Wells Fargo Ryan Zimmerman - BTIG Jason Bednar - Piper Sandler Suraj Kalia - Oppenheimer Operator Good day and welcome to GE HealthCare's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

GE HealthCare Technologies Inc. (GEHC) Q3 2023 Earnings Call Transcript

GE HealthCare's revenue growth is expected to benefit from healthy order bookings and backlog levels, along with easing supply chain challenges. The company's revenues should also benefit from volume growth fueled by good end-market demand and strong execution. Easing inflation, price increases, and volume leverage are expected to help margin growth in the coming quarters.

GE HealthCare: Good Execution And Potential For A Re-Rating

CHALFONT ST GILES, England--(BUSINESS WIRE)--GE HealthCare Announces New Data Validating Artificial Intelligence Models for Predicting Patient Response to Immunotherapies.

GE HealthCare Announces New Data Validating Artificial Intelligence Models for Predicting Patient Response to Immunotherapies

GE HealthCare's Q3 2023 financial results showed a 5% increase in revenue and a 90 basis point increase in gross margin. The company raised the low end of its Adj EPS guidance for 2023. GE HealthCare is facing challenges in China but is still performing better than competitors in the region, gaining market share.

GE HealthCare: Great Quarter, Upside Remains

A jump in elective surgeries delayed during the COVID-19 pandemic boosted demand for medical equipment made by GE HealthCare Technologies (GEHC), and shares advanced.

GE HealthCare's Results Beat Estimates on Higher Demand for Medical Equipment

GE HealthCare Technologies has posted third-quarter earnings that beat expectations and revised its full-year guidance, sending its shares higher on Tuesday. The Chicago-based medical devices company, which was spun out of General Electric (NYSE:GE) in January, reported the bulk of its revenue from its Imaging operation, which grew revenues by 5% to $2.6 billion on the back of supply chain improvements, pricing, and new product innovations.

GE HealthCare stock rallies on 3Q earnings beat

GE HealthCare Technologies Inc on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical devices.

GE HealthCare beats quarterly profit estimates on imaging device demand

The company posts adjusted third-quarter earnings per share of 99 cents from sales of $4.8 billion, beating expectations for 90 cents and $4.8 billion, respectively.

GE Healthcare Profit Margins Top Wall Street Estimates

GE HealthCare Technologies Inc. GEHC, +0.11% said Tuesday it had net income of $375 million, or 83 cents a share, for the third quarter, down from $487 million, or $1.07 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, ahead of the 90 cent FactSet consensus.

GE HealthCare beats Q3 profit estimates

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, today reported financial results for the third quarter ended September 30, 2023. GE HealthCare President and CEO Peter Arduini said, “We delivered another strong quarter of revenue growth with margin performance demonstrating progress on productivity and price. Cash performance was strong as we leveraged lean principles to improve inventory management. We remain confident in our 2023 outlook as we.

GE HealthCare Reports Third Quarter 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) and reLink Medical today announced a collaboration to deliver asset management solutions to healthcare providers to help reduce medical device waste, increase operational efficiency and maximize their equipment utilization. This collaboration features a standardized medical equipment disposition solution involving selling, recycling or donating equipment that is no longer needed. Each year, healthcare providers retire approximately ten perc.

GE HealthCare and reLink Medical Collaborate to Help Reduce Medical Device Waste for Healthcare Providers

CHICAGO--(BUSINESS WIRE)--GE HealthCare has topped a U.S. Food and Drug Administration (FDA) list of artificial intelligence (AI) enabled medical devices with 58 listed 510(k) clearances or authorizations to date in the United States. GE HealthCare also topped the list when it was updated by the FDA in 2022. AI is central to the company's digital strategy, which is focused on its precision care framework that includes smart devices, targeted therapies, a disease-specific focus, and digital solu.

GE HealthCare Tops List with Highest Number of AI-Enabled Medical Device Authorizations, Developing Innovative Solutions for Precision Care

SAN FRANCISCO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will showcase some of the latest innovations designed to help clinicians in the treatment of cardiovascular disease at the 2023 Transcatheter Cardiovascular Therapeutics conference (TCT) which will take place October 23-26 in San Francisco, CA. In modern healthcare today, cardiovascular disease (CVD) continues to grow in prevalence, with CVDs continuing to be the leading cause of death globally.1 As clinicians work to treat CVD, cardi.

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