GE Healthcare generating 'profitable growth,' says parent company

GE Healthcare, which has about 6,000 employees in metro Milwaukee, continues to be a bright spot for General Electric Co. with GE CEO Larry Culp saying the unit has opportunities to grow. GE Healthcare recorded flat revenue and a 1% increase in profits during the fourth quarter of 2019, Boston-based General Electric (NYSE: GE) said Wednesday. Corporatewide, total fourth-quarter revenue for GE was down by 1% but the profit margin in the company’s industrial operations, including health care,…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news