other material
confidence medium
sentiment neutral
materiality 0.60
GE Aerospace provides preliminary supplemental financials post-Vernova separation
GENERAL ELECTRIC CO
- GE completed separation of GE Vernova on April 2, 2024; shareholders received 1 GEV share per 4 GE shares.
- GE now operates as GE Aerospace with two segments: Commercial Engines & Services and Defense & Propulsion Technologies.
- Preliminary unaudited supplemental financials reclassify Vernova as discontinued operations for Q1 2024 (no new financial figures in filing).
- Historical results of Vernova will be reported as discontinued operations starting Q2 2024.