GE Vernova Reports Second Quarter 2024 Financial Results
July 26, 2024
July 26, 2024
CAMBRIDGE, Massachusetts, July 26 (TNSres) -- G.E. Vernova, an energy company, issued the following news release on July 24, 2024:
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* Strong 2Q'24 results with margin expansion & substantial cash flow improvement; raising 2024 guidance
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Second Quarter 2024 Highlights:
* Total orders of $11.8B exceeded revenue by 1.4X
* Total revenue of $8.2B, +1%, +2% organically*, led by services growing +7%, +9% organ . . .
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* Strong 2Q'24 results with margin expansion & substantial cash flow improvement; raising 2024 guidance
* * *
Second Quarter 2024 Highlights:
* Total orders of $11.8B exceeded revenue by 1.4X
* Total revenue of $8.2B, +1%, +2% organically*, led by services growing +7%, +9% organ . . .