GE Healthcare sees strong Q3 growth in profit, revenue

GE Healthcare saw strong growth in both revenue and operating profit for its third quarter (end-September 30).

For the period, GE Healthcare posted revenues of $4.482 billion, up 5% from revenues of $4.255 billion in the corresponding quarter of 2015. The division had operating profit of $717 million, compared with operating profit of $652 million in the same period the year before.

For the nine-month year to date, GE Healthcare posted sales of $13.19 billion, up 4% from $12.666 billion the year before. Segment profit for the nine-month period was $2.13 billion, compared with $1.944 billion in the prior year.

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