Highest-materiality recent filing
GE Vernova Q1 net income $4.75B (incl. $4.5B M&A gain); raises full-year guidance
Orders $18.3B (+71% organic); revenue $9.3B (+7% organic); adjusted EBITDA $0.9B, nearly double YoY.
GE Vernova prices $2.6B senior notes in three tranches; proceeds to fund Prolec GE purchase
Issued $600M 4.250% notes due 2031, $1B 4.875% notes due 2036, $1B 5.500% notes due 2056.
GE Vernova Q4 orders +65% organically to $22.2B; raises 2026 outlook with Prolec GE acquisition
Q4 revenue $11.0B (+4%, +2% organic), net income $3.7B incl. $2.9B tax benefit; adj. EBITDA $1.2B, margin 10.6%.
Orders $14.6B (+55% organic); revenue $10B (+10% organic); net income $453M vs loss last year.
GE Vernova Q2 revenue $9.1B (+11%), adj EBITDA margin 8.5% raises 2025 guidance
Revenue $9.1B (+11% YoY); net income $492M vs $1.28B prior year due to nonrecurring items.
GE Vernova Q1 net income $264M, up $370M YoY; FCF $975M; reaffirms 2025 guidance
Revenue $8.0B (+11% GAAP, +15% organic); net income $264M ($0.91 EPS) vs loss $106M.
GE Vernova reports Q4 2024 record orders $13.2B, revenue $10.6B, net income $484M
Record orders of $13.2B, +22% organically, led by Power and Electrification equipment.
GE Vernova Q3 2024: revenue up 8% to $8.9B, net loss narrows to $99M, cash flow strong
Orders $9.4B (+17% org); revenue $8.9B (+8%, +10% org); net loss $99M vs $185M prior year.
GE Vernova adopts executive change-in-control severance policy with 2x salary/bonus for CEO
Compensation committee approved a new Change in Control Severance Benefits Policy on Sept 5, 2024.
GE Vernova Q2 net income $1.28B, adj EBITDA margin 6.4%, raises 2024 guidance
Net income $1.28B versus ($149M) loss YoY; diluted EPS $4.65.
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.
GE Vernova finalizes separation agreements and $6B credit facilities for spin-off
Completed spin-off from GE on April 2, 2024; stockholders received 1 share of GEV per 4 GE shares held on March 19, 2024.
On May 16, 2024, the Board of Directors (“Board”) of GE Vernova Inc. (“Company”) increased its size to nine members and elected Martina Hund-Mejean as a director of the Company, effective immediately, to fill the newly created vacancy.
Mr. Phillips and Mr. Giglietti were removed from the Board immediately prior to the consummation of the Spin-Off.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
On March 27, 2024, the sole manager of the Board of GE Vernova LLC appointed Stephen Angel and John R. Phillips, III to serve as managers of the Board, increasing the size of the Board from one manager to three managers, effective as of March 27, 2024.
On March 27, 2024, the sole manager of the Board of GE Vernova LLC appointed Stephen Angel and John R. Phillips, III to serve as managers of the Board, increasing the size of the Board from one manager to three managers, effective as of March 27, 2024.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Mr. Phillips and Mr. Giglietti were removed from the Board immediately prior to the consummation of the Spin-Off.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Stephen Angel, Arnold Donald, and Jesus Malave will serve as Class I directors, Matthew Harris and Paula Rosput Reynolds will serve as Class II directors, and Nicholas Akins, Kim Rucker, and Scott Strazik will serve as Class III directors.
Max materiality 0.95 · Median 0.78 · Most common event earnings