GE Vernova Reports 4Q and Full Year 2024 Financial Results
January 24, 2025
January 24, 2025
CAMBRIDGE, Massachusetts, Jan. 24 -- G.E. Vernova, an energy company, issued the following news release on Jan. 22, 2025:
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- Fourth Quarter 2024 Highlights:
- Record orders of $13.2B, +22% organically, approximately 1.3X revenue, led by Power and Electrification equipment
- Record revenue of $10.6B, +5%, +9% organically/* with growth in both equipment and services
- Net income of $0.5B, +$0.3B; net income margin of 4.6%, +260 . . .
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- Fourth Quarter 2024 Highlights:
- Record orders of $13.2B, +22% organically, approximately 1.3X revenue, led by Power and Electrification equipment
- Record revenue of $10.6B, +5%, +9% organically/* with growth in both equipment and services
- Net income of $0.5B, +$0.3B; net income margin of 4.6%, +260 . . .