CHICAGO (AP) — CHICAGO (AP) — GE HealthCare Technologies Inc. (GEHC) on Wednesday reported first-quarter earnings of $564 million.
The Chicago-based company said it had net income of $1.23 per share. Earnings, adjusted for one-time gains and costs, came to $1.01 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The medical technology company posted revenue of $4.78 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $4.66 billion.
GE HealthCare expects full-year earnings in the range of $3.90 to $4.10 per share.
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