GE Healthcare shows Q4 revenue growth

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In unaudited results published this morning for its operating segments, GE reported that its Healthcare segment saw an uptick in revenues for its fiscal 2007 fourth quarter (end-Dec. 31) as well as its 2007 fiscal year.

For the fourth quarter, GE Healthcare saw revenues of $4.995 billion, a 6 percent increase compared with revenues of $4.7 billion for the same period in fiscal 2006. Its segment profit for the quarter was reported as $1.035 billion, a slight downturn from the segment profit of $1.083 billion reported for the same quarter last year.

For the 2007 fiscal year, GE Healthcare posted revenues of $16.997 billion, a 3 percent growth over the $16.56 billion shown for the operating segment’s 2006 fiscal year revenues. Profit for GE Healthcare’s past fiscal year was stated as $3.056 billion, a slight dip from the $3.142 billion posted for the 2006 fiscal year.