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

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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)--GE HealthCare (Nasdaq: GEHC) today released its inaugural Sustainability Report, which describes the steps the Company has taken to establish its stand-alone environmental, social, and governance (ESG) practice and infrastructure, as well as how it has bolstered the foundation put in place prior to its spin-off from GE. The report incorporates findings from GE HealthCare's existing ESG materiality assessment, which informed the Company's ESG strategy, and outlines the.

GE HealthCare Shares Key Focus Areas and Future Goals in its Inaugural Sustainability Report

GEHC was spun off from GE almost a year ago, and its stock price is almost back to where it started. The company has great revenue prospects and an opportunity to expand margins and improve profitability. It is trading at depressed multiples compared to its peers, and we think it can compound money at a 22% CAGR over the next three years.

GE Healthcare: Revenue Growth, Margin Expansion And Attractive Valuation

Citi analyst Joanne Wuensch launched coverage of GE HealthCare Technologies stock with a Buy rating and $82 price target.

GE HealthCare Stock Is Too Cheap, Says Analyst

GE HealthCare Technologies Inc has received a grant of more than $44 million from the Bill & Melinda Gates Foundation to develop AI-assisted ultrasound technology, the company said on Monday.

GE HealthCare gets $44 mln grant to develop AI-assisted ultrasound tech

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced it received a grant from the Bill & Melinda Gates Foundation for more than $44 million to create user-friendly, artificial intelligence (AI)-assisted ultrasound imaging auto-assessment tools. These tools will seek to aid healthcare professionals—even those without specialized training or experience with ultrasound—with clinical decision information to support more effective obstetric and lung screening ultrasound scans a.

GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries

ROCHESTER, Minn.--(BUSINESS WIRE)--Today, Mayo Clinic and GE HealthCare announce a strategic healthcare collaboration for research and product development programs aimed to transform the experience of patients and clinicians in the practice of radiology and the delivery of novel therapies. The Strategic Collaboration for Innovation in Medical Imaging and Theranostics comprises Mayo Clinic and GE HealthCare scientists, technology developers, clinicians and other healthcare providers. The collabo.

Mayo Clinic and GE HealthCare Enter Strategic Collaboration to Advance Innovation in Medical Imaging and Theranostics

On July 25, 2023, GE HealthCare Technologies, one of the leading companies in developing and commercializing medical devices and pharmaceutical diagnostics, published financial results for the second quarter of 2023. GE HealthCare's revenue amounted to $4.82 billion for the quarter, 2.3% more than the previous quarter and 7.6% more than the second quarter of 2022. As a result, GE HealthCare management raised its full-year 2023 guidance for adjusted EPS from $3.60-$3.75 to $3.70-$3.85.

Why Did GE HealthCare Excel Beyond The COVID-19 Crisis?

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CHICAGO--(BUSINESS WIRE)--GE HealthCare and Mass General Brigham announced, as part of its initial collaboration, the co-development of an artificial intelligence (AI) algorithm that will help increase operations effectiveness and productivity. The first innovative AI application from the collaboration is the schedule predictions dashboard of Radiology Operations Module (ROM), a digital imaging tool that helps optimize scheduling, reduce cost, and free providers from administrative burden, allo.

GE HealthCare and Mass General Brigham Collaborate on an AI Algorithm to Predict Missed Care Opportunities

Allegion

Johnson Controls

A healthcare technology company with revenue growth and margin expansion opportunities. A building controls company with exposure to the corporate drive towards net zero emissions.

Got $2,000? Here Are 3 Smart Stocks To Buy Now

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the launch of Vscan Air SL – a handheld, wireless ultrasound imaging system designed for rapid cardiac and vascular assessments at the point of care to help clinicians accelerate diagnoses and treatment decisions. The latest addition to the Vscan product suite, Vscan Air SL features GE HealthCare's proprietary SignalMax and XDclear technology that provide high levels of penetration, resolution, and sensitivity in imaging per.

GE HealthCare Introduces Vscan Air SL, a Wireless Handheld Ultrasound Device for Rapid Assessments of Cardiac and Vascular Patients

CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC) announces the launch of CardioVisio for Atrial Fibrillation (AFib), a digital tool designed to assist clinicians in visualizing longitudinal data relevant for disease progression from multiple data sources, and driving evidence based clinical decision support directed by up-to-date AFib guidelines. The new technology will be showcased at the European Society of Cardiology (ESC) Congress 2023, in Amsterdam, Netherlands, August 25-28.

GE HealthCare Launches CardioVisio for Atrial Fibrillation, a Digital, Patient-Centric Clinical Decision Support Tool to Enable Precision Care

Mohawk College and McMaster University welcome advanced GE HealthCare MRI for research, education and patient care Mohawk College and McMaster University welcome advanced GE HealthCare MRI for research, education and patient care

Hamilton collaboration transforms the future of medical imaging

CHICAGO--(BUSINESS WIRE)--GE HealthCare announces that members of senior management will be presenting at Wells Fargo and Morgan Stanley investor conferences next month.

GE HealthCare Management to Present at September Investor Conferences

Genpact

Genpact's deep domain, digital and process expertise to enhance financing capabilities  for GE Healthcare's customers acquiring new medical equipment and services through loans, leases, and other financial structures. NEW YORK , Aug. 22, 2023 /PRNewswire/ -- Genpact (NYSE: G), a global professional services firm focused on delivering outcomes that transform businesses, announced a new multi-year agreement with GE HealthCare (NYSE: GEHC) to transform and manage its US leasing and lending operations.

Genpact to Streamline US Leasing and Lending Operations for GE HealthCare with AI-Powered Platform Genpact Cora

IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF) shares surged over 25% on Friday in response to its wholly owned subsidiary Imaging Biometrics entering into a commercial agreement with US multinational GE HealthCare (GEHC) to make its products available on GEHC's MR Smart Subscription. IB Neuro and IB Delta T1 maps are applications that accept MRI data as input and automatically compute quantitative and proprietary images as output.

IQ-AI rallies 25% after signing major agreement with GE HealthCare

Wells Fargo analyst Larry Biegelsen launched coverage of GE HealthCare Technologies stock with a Buy rating and a $90 price target.

GE HealthCare Is An Alzheimer's Stock. Shares Are Rising.

GE HealthCare (GEHC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

GE HealthCare (GEHC) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its Portrait Mobile wireless and wearable monitoring solution. The Portrait Mobile platform enables real-time continuous monitoring with a personalized view of the patient's vitals while keeping patients mobile during critical recovery periods, especially after surgery or discharge from the intensive care unit. Continuously monitor.

GE HealthCare Receives FDA Clearance for Portrait Mobile, A First-Of-Its-Kind, Wireless Monitoring Solution Aiding Early Detection of Patient Deterioration

GE Healthcare is suffering near-term margin pressure, but much of it is for reasons that will lead to revenue growth and margin growth in the future. New product introductions, AI-integrated applications, and precision medicine offer many growth opportunities.

AI, Alzheimer's, and Margins: How GE Healthcare Is Preparing for Growth

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Recursion Pharmaceuticals

Recursion is a clinical-stage biotech that is benefiting from big-time partnerships. GE Healthcare has AI algorithms built into the software with its imaging and diagnostic systems.

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GE HealthCare Technologies' revenue growth is expected to benefit from price increases, healthy end-market demand, and increasing digitization in healthcare. The company reported better-than-expected Q2 2023 earnings, with revenue increasing by 9.1% organically and adjusted EPS growing by 12.2%. GE HealthCare's revenue growth is supported by price increases, volume growth, backlog execution, and new product innovations. The company is well-positioned to capture opportunities in precision care and digitization in healthcare.

GE HealthCare: Good Growth Prospects At A Reasonable Valuation

Privia Health Group

Investors with an interest in Medical Info Systems stocks have likely encountered both GE HealthCare Technologies (GEHC) and Privia Health (PRVA). But which of these two stocks offers value investors a better bang for their buck right now?

GEHC vs. PRVA: Which Stock Is the Better Value Option?

GE HealthCare Technologies Inc. (NASDAQ:GEHC ) Q2 2023 Earnings Conference Call July 25, 2023 8:00 AM ET Company Participants Carolynne Borders - Chief Investor Relations Officer Peter Arduini - President and Chief Executive Officer James Saccaro - Vice President and Chief Financial Officer Conference Call Participants Anthony Petrone - Mizuho Ryan Zimmerman - BTIG Patrick Wood - Morgan Stanley Suraj Kalia - Oppenheimer Vijay Kumar - Evercore ISI Yuan Zhi - B. Riley Jason Bednar - Piper Sandler Operator Good day, ladies and gentlemen.

News for GE HealthCare Technologies Inc Stock (GEHC)