secwatch.observer — SEC 8-K summary
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Issuer:     GE Vernova Inc. (GEV)
CIK:        0001996810
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001996810-24-000080
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GE Vernova Q3 2024: revenue up 8% to $8.9B, net loss narrows to $99M, cash flow strong
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- Orders $9.4B (+17% org); revenue $8.9B (+8%, +10% org); net loss $99M vs $185M prior year.
- Adj EBITDA $243M (margin 2.7%); cash from ops $1.1B, FCF $1.0B; cash balance $7.4B.
- Power segment EBITDA margin 11.9% (+470bps); Electrification 10.4% (+630bps).
- Wind segment EBITDA loss widened to $317M from $225M due to Offshore Wind contract losses.
- Reaffirmed 2024 guidance: revenue trending to high end of $34-35B, FCF $1.3-1.7B towards high end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996810/000199681024000080/0001996810-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996810/000199681024000080/gev-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001996810-24-000080

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