Ge Vernova Posts Income Loss and Rising Revenue in First Quarter Of 2024
Wind Power News 5:46 am on May 5, 2024
GE Vernova, a US wind turbine manufacturer, reported a net income loss of $0.1 billion (0.09 billion) in the first quarter of 2024 but grew its revenue from $6.8 billion (6.34 billion) to $7.3 billion (6.81 billion). The company's orders remained steady at $9.7 billion (9.05 billion). CEO Scott Strazik expressed satisfaction with the progress following the April spin-off from GE.
- GE Vernova reported a net income loss of $0.1 billion in Q1 2024
- Revenue grew from $6.8 billion to $7.3 billion during the same period
- Orders remained steady at $9.7 billion
- CEO pleased with progress following April spin-off
- Company listed on New York Stock Exchange as an independent entity
https://www.windpowermonthly.com/article/1870238/ge-vernova-posts-income-loss-rising-revenue-first-quarter-2024