Q1 2020
'There Will Be Another Side': GE CEO Addresses The Economic Impact Of COVID-19
GE posted its first-quarter earnings on Wednesday. Reflecting on “a challenging quarter,” GE Chairman and CEO H. Lawrence Culp Jr. said “the world has fundamentally changed” in the eight weeks since he last updated analysts and investors. “This was a challenging quarter for GE, especially in Aviation, where we saw a dramatic decline in commercial aerospace as COVID-19 spread globally in March,” Culp said.
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Q1 2020
Steve Winoker: GE Releases Its Q1 Results
I hope this message finds you and your family safe and healthy during this unprecedented time. GE released its first-quarter 2020 results today, and I encourage you to read the full materials and listen to our earnings call on GE’s investor website.
Key points on GE’s financial performance in the quarter: