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HomeMarketGE Aerospace experiences increased income and revenue for Q3 2024 | AlphaStreet

GE Aerospace experiences increased income and revenue for Q3 2024 | AlphaStreet

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GE Aerospace (NYSE: GE) on Tuesday reported a rise in income and adjusted earnings for the third quarter of 2024. The corporate additionally issued steerage for fiscal 2024.

Whole revenues elevated 6% year-over-year to $9.8 billion within the third quarter. Business Engines & Companies income grew 8%, whereas revenues of Protection & Propulsion Applied sciences rose 2%.

Web revenue from persevering with operations greater than doubled year-over-year to $1.89 billion or $1.56 per share within the September quarter. Adjusted earnings superior 25% from final 12 months to $1.15 per share throughout the three months.

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