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Press Release

Statement from GE Healthcare President & CEO on Efforts to Address the Coronavirus

March 19, 2020

CHICAGO – March 19, 2020 – GE Healthcare President & CEO Kieran Murphy today issued the following statement around efforts to address the coronavirus (COVID-19):

“GE Healthcare is proud to support customers, governments and the broader healthcare community in the fight against the coronavirus. Our dedicated teams are working around the clock to ensure that our customers and partners on the front lines have the equipment and servicing needed to diagnose and treat patients with COVID-19.  

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Press Release

GE Announces Pricing for its Debt Tender Offers

September 26, 2019
  • GE will accept for purchase $2,500,000,000 in aggregate purchase price of its U.S. Dollar-denominated debt securities (as listed in Table I below)
  • GE will accept for purchase $2,500,000,000 (U.S.
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Press Release

GE Announces Early Participation Results for its Debt Tender Offers

September 26, 2019
  • $4,011,446,000 outstanding aggregate principal amount of its U.S. Dollar-denominated debt securities tendered for purchase by GE 
  • €4,043,616,000 outstanding aggregate principal amount of its Euro-denominated debt securities tendered for purchase by GE
  • GE expects to accept for purchase $2,500,000,000 in aggregate purchase price of its U.S. Dollar-denominated debt securities and $2,500,000,000 (U.S.
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Press Release

GE Announces Second Quarter 2019 Results

July 31, 2019
  • Total orders of $28.7 billion, down 4%; organic orders up 4%; total revenues (GAAP) of $28.8 billion, down 1%; Industrial segment organic revenues (non-GAAP) of $27.7 billion, up 7% 
  • GE Industrial profit margin (GAAP) of (1.3)%; adjusted GE Industrial profit margin (non-GAAP) of 7.6% 
  • Continuing EPS (GAAP) of $(0.03); adjusted EPS (non-GAAP) of $0.17, including $0.06 benefit from tax audit resolution 
  • Non-cash goodwill impairment charge of $744 million pre-tax related to Grid Solutions equipment and services, resulting in $(0.09) impact to
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Press Release

GE Board Of Directors Authorizes Regular Quarterly Dividend

June 21, 2019

BOSTON, Mass. – June 21, 2019 - The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable July 25, 2019 to shareowners of record at the close of business on July 1, 2019. The ex-dividend date is June 28, 2019.

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GE Secures $1.0B in Project Financing for Sharjah's First Independent Combined Cycle Power Plant

May 19, 2019
  • Japanese export credit agency and private financial institutions - under insurance cover by the Government of Japan - co-finance GE’s flagship power plant in Sharjah, UAE
  • Co-developers GE & Sumitomo form equity consortium with Shikoku Electric Power Company and Sharjah Asset Management for the Project
  • Financing of the Project profiles Sharjah as an attractive destination to invest and do business in

SHARJAH, UAE; May 20, 2019 - Co-developers GE Energy Financial Services (“GE EFS”) and Japan’s Sumito

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GE Announces First Quarter 2019 Results

April 30, 2019
  • GE CFOA (GAAP) of $(884) million; adjusted GE Industrial free cash flows (non-GAAP) of $(1.2) billion
  • Continuing EPS (GAAP) of $0.11; adjusted EPS (non-GAAP) of $0.14
  • Total revenues (GAAP) of $27.3 billion, down 2%; Industrial segment organic revenues (non-GAAP) of $26.2 billion, up 5%
  • 2019 guidance remains unchanged

 

BOSTON - April 30, 2019 - GE (NYSE:GE) announced results today for the first quarter ending March 31, 2019.

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GE Announces 2019 Outlook

March 14, 2019

BOSTON - March 14, 2019 - GE (NYSE: GE) announced its 2019 outlook today as the company continues to execute against its strategic priorities of improving its financial position and strengthening its businesses. 

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GE Announces Completion of GE Transportation and Wabtec Merger

February 25, 2019

BOSTON - February 25, 2019 - GE (NYSE: GE) announced today the completion of the spin-off and subsequent merger of its transportation business with Wabtec Corporation (NYSE:WAB). 

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Press Release

GE Elects Catherine Lesjak To Board Of Directors

February 21, 2019

BOSTON - February 21, 2019 - GE (NYSE:GE) today announced that its Board of Directors has elected Catherine Lesjak to the GE Board, effective March 1, 2019.  Ms. Lesjak is the former chief financial officer of HP, where she held a wide range of prominent leadership roles over the course a 32-year career with the company.  

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