Advertisement
Salem Radio Network News Wednesday, April 26, 2017

Business

GE revenue falls 1 percent

(Reuters) – General Electric Co <GE.N> reported a 1 percent decline in quarterly revenue on Friday, hurt by lower sales in its oil and gas and lighting businesses.

However, earnings from continuing operations attributable to GE shareholders rose to $858 million in the first quarter ended March 31, from $248 million a year earlier.

Earnings per share from continuing operations rose to 10 cents from 3 cents. (http://invent.ge/2obaxNT)

Total revenue fell to $27.66 billion from $27.85 billion.

(Reporting by Rachit Vats in Bengaluru; Editing by Sriraj Kalluvila)

Previous
Next
AdvertisementAdvertise with Us
Advertisement
Advertisement

Editorial Cartoons

View More » 1493062206511649yBI9RLy5jW

Gary Varvel
Sun, Apr 23, 2017

Advertisement
Advertisement
Advertisement
X CLOSE