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GE HealthCare stock falls 14% after release of its first quarter earnings

The health tech giant reported lower-than-expected sales and profits in the first quarter, resulting in its shares plummeting.

GE HealthCare Stock Tumbles After Earnings Miss

GE HealthCare shares tumbled Tuesday after the medical device manufacturer reported weaker-than-expected results as sales in its Imaging, Ultrasound, and Patient Care Solutions segments fell.

Why Is GE Healthcare Stock Trading Lower On Tuesday? - GE HealthCare Techs (NASDAQ:GEHC)

GE Healthcare reports first-quarter sales of $4.6 billion, with net income of $374 million. Imaging and ultrasound segment revenues down, but pharmaceutical diagnostics up. Despite challenges in China, CEO remains optimistic, reaffirming guidance for 2024.

GE HealthCare s first quarter falls flat after China sales slide

GE HealthCare s first quarter falls flat after China sales slide
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