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GE Vernova 3Q Organic Revenue Rose 18%

GEV

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10:32:08 AM UTC
SquawkNews
GE Vernova reported third-quarter 2026 EBITDA of $1.9 billion on $12.6 billion in revenue, surpassing analyst expectations of $1.7 billion and $12 billion, respectively. Orders for the quarter rose 96% year-over-year to $29 billion. Following these results, the company raised its full-year 2026 outlook, now expecting sales of approximately $47 billion and EBITDA of about $6.6 billion, up from previous guidance of $46 billion and $6 billion.