January 21, 2008
GE revenues climb in Q4
Revenues climbed 18 percent to $48.6 billion in the fourth quarter of 2007 at General Electric.
The Fairfield-based company also reported a Q4 earnings per share of $0.68, up 17 percent over last year. Full year revenues increased by 14 percent to $173 billion.
"We have strengthened the portfolio for growth, restructured to lower our cost, maintained our Triple A credit rating and stayed true to our risk management principles," said GE Chairman and CEO Jeff Immelt in a statement. "We are also more global, with more than 50% of our revenues now coming from outside the U.S."
WBJ Web Partners
Most Recent
Most Recent
0 Comments