GE HealthCare Technologies (GEHC) Revenue — Quarter Ended Jun 30, 2024
Revenue increased sequentially and also rose modestly compared with the same period a year ago.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased sequentially and also rose modestly compared with the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.1%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $4.8B | +5.4% |
| Dec 31, 2023 | $5.2B | +5.4% |
| Mar 31, 2024 | $4.7B | -1.2% |
| Jun 30, 2024 | $4.8B | +0.5% |
Revenue performance
The sequential improvement followed a decline in the prior quarter, while the year-over-year growth remained modest.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rebounded from a decline. Versus the same quarter one year earlier, revenue posted a slight gain.
What to watch
The year-over-year growth rate continues to decelerate, warranting attention to revenue momentum.