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.