GE completes GE Vernova spin-off; pro forma 2023 EPS $8.30, revenue $35.3B

GENERAL ELECTRIC CO

Completed spin-off of GE Vernova on April 2, 2024; GE now operates as GE Aerospace.
Each GE share received 1 share of GEV for every 4 shares held as of March 19, 2024.
Pro forma 2023 net earnings from continuing ops: $9.1B ($8.30 diluted EPS).
Pro forma 2023 revenue $35.3B; total assets $126B as of Dec 31, 2023.
GE Vernova shares began trading on NYSE under 'GEV' on April 2, 2024.

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