GE HealthCare reports preliminary Q4 2022 revenue ~$4.9B; guides 2023 organic growth 5-7%

GENERAL ELECTRIC CO

2022-FY EPS reported -$0.05 revenue$76,555,000,000

Preliminary Q4 2022 revenue ~$4.9B, up ~7% reported and ~12% organic YoY.
Full year 2022 revenue ~$18.3B, up ~4% reported and ~7% organic YoY.
FY2022 adjusted EBIT expected above prior outlook; FCF towards low end of range.
2023 guidance: organic revenue growth 5-7%, adjusted EBIT margin 15.0-15.5% (50-100 bps expansion).
2023 free cash flow conversion expected 85%+.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GENERAL ELECTRIC CO reported the fourth quarter ended December 31, 2022 results: revenue approximately $4.9 billion.

Period: the fourth quarter ended December 31, 2022
Revenue: approximately $4.9 billion
Result: preliminary results

Exact text from the filing

Fourth quarter 2022 revenue was approximately $4.9 billion.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GENERAL ELECTRIC CO reported the fiscal year ended December 31, 2022 results: revenue approximately $18.3 billion.

Period: the fiscal year ended December 31, 2022
Revenue: approximately $18.3 billion
Result: preliminary results

Exact text from the filing

Full year 2022 revenue was approximately $18.3 billion.

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Source: SEC EDGAR

accession 0000040545-23-000017

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