secwatch.observer — SEC 8-K summary
======================================

Issuer:     GE Vernova Inc. (GEV)
CIK:        0001996810
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001996810-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GE Vernova Q1 revenue $7.3B +6%; net loss narrows to $106M; reaffirms guidance
------------------------------------------------------------------------------

- Total revenue $7.26B (+6% YoY); net loss $(106)M improved from $(346)M.
- Adjusted EBITDA $189M vs. $(185M) YoY; margin 2.6% (+530bps).
- Free cash flow $(661)M, improved $153M from Q1 2023; reaffirms 2024 FCF guidance $0.7-1.1B.
- Power segment orders $5.0B (+24% organic) on HA/Aeroderivative gas turbines; Electrification revenue +21% organic.
- Wind segment revenue $(1.6)B (-7% organic); Onshore Wind positive EBITDA for third consecutive quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996810/000199681024000004/0001996810-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996810/000199681024000004/gev-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001996810-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer