GE Healthcare Revenue Rises 7 Percent in Q3
GE Healthcare on Oct. 14 reported revenue of $3.6 billion for its third quarter ended Sept. 30, a 7-percent increase over revenue of $3.3 billion in the third quarter last year.
GE said total orders for GE Healthcare's Q3 were up 8 percent year over year. The services part of the unit reported 9-percent growth to $1.4 million, and the equipment part of the unit posted 7-percent growth to roughly $2.3 billion.
The healthcare unit of the conglomerate posted a quarterly profit of $589 million, a 17 percent increase year over year.
Overall, parent company GE posted revenue of $41.9 billion for the quarter, a 9-percent increase over revenue of $38.3 billion in the comparable quarter a year ago. The firm also reported net earnings of $4.7 billion, up 15 percent from $4.1 billion in the third quarter of 2004.
GE pointed out that all six of its business units Healthcare, Infrastructure, Commercial Finance, Consumer Finance, Industrial, and NBC Universal delivered double-digit earnings growth.
PerkinElmer, Molecular Devices, Beckman Coulter Schedule Q3 Earnings Release
PerkinElmer will release its third-quarter 2005 results on Tuesday, Oct. 25, following the close of market trading.
The company will hold a conference call and slide presentation via webcast to discuss the results that same evening, at 5:30 PM Eastern time. Gregory Summe, chairman and CEO, and Robert Friel, executive vice president and chief financial officer, will host the call.
Molecular Devices said it will release its third-quarter 2005 results on Thursday, Oct. 27, after the close of market trading.
Senior management will hold a conference call the following day, Friday, Oct. 28, at 11 AM Eastern time to discuss operating results and other business matters.
Beckman Coulter said it will release its third-quarter 2005 results on Wednesday, Nov. 2, 2005, before the start of regular market trading.
Beckman will host a conference call on that same morning, at 8:30 AM Eastern time to discuss the results. The call will be hosted by Scott Garrett, president and CEO, and James Glover, senior vice president and CFO.