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GE Healthcare's Q2 Revenues Grow 10 Percent as Profit Jumps 18 Percent

Jul 14, 2006
NEW YORK (GenomeWeb News) - GE Healthcare today said that second-quarter revenues climbed 10 percent as earnings increased 18 percent.
 
For the quarter ended June 30, GE Healthcare had $4.1 billion in revenues, up from $3.8 billion during the same quarter in 2005.
 
GE Healthcare's earnings for the quarter increased to $795 million from $672 million in the second quarter of 2005.
 
GE's total revenues for the quarter were $39.9 billion, up from $36.5 billion during the same period last year.
 
GE did not break out its research and development expenses for the Healthcare segment.
 
As of June 30, GE reported $56.1 billion in cash and marketable securities.

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