Lates News

GE Vernova's second-quarter revenue was $11.1 billion, expected to be $10.82 billion. Earnings per share for the second quarter were $2.47, compared to $1.86 in the same period last year. Adjusted EBITDA for the second quarter was $1.25 billion, expected to be $1.29 billion. Backlog orders reached $176 billion. GE Vernova expects full-year adjusted free cash flow to be between $11.5 billion and $12.5 billion, previously expected to be between $6.5 billion and $7.5 billion. GE Vernova expects organic revenue from wind power business to decrease by a low double-digit percentage in 2026. GE Vernova expects wind power business revenue to decrease by a low double-digit percentage in the third quarter. GE Vernova's pre-market trading on the US stock market rose by nearly 7%.