GE Healthcare Revenue Climbs 8 Percent in Q4 as Profit Surges 16 Percent

Jan 19, 2007

NEW YORK (GenomeWeb News) — General Electric today said that fourth-quarter revenue for its Healthcare division rose 8 percent as income swelled 16 percent.

GE Healthcare’s receipts for the three months ended Dec. 31, 2006, rose to $4.85 billion from $4.48 billion year over year.

GE Healthcare’s earnings for the quarter increased to $1.15 billion from $995 million in the fourth quarter of 2005.

GE did not break out its research and development expenses for the Healthcare segment.

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