GE earnings

Strong long-term growth prospects as a global leader in precision care post-spin-off from GE Revenue and margin growth drivers: innovation, business optimization, and organic investment Spin completion expected after market close on Jan. 3, 2023; public trading set for Jan. 4, 2023 GE (NYSE:GE) announced that GE HealthCare is hosting an Investor Day today in New York. The event begins at 8:00am Eastern Standard Time and can be viewed virtually here. The event will feature presentations from GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., GE HealthCare CEO Peter Arduini, GE HealthCare CFO Helmut Zodl, and other members of GE HealthCare's leadership team, who will outli

Board sets GE HealthCare distribution date of January 3, 2023, after market close GE shareholders will receive one share of GE HealthCare for every three shares owned GE HealthCare to begin trading on The Nasdaq Market LLC ("Nasdaq") on January 4, 2023 under ticker "GEHC", and GE will continue to trade on NYSE General Electric Company ("GE") (NYSE:GE) announced today that its Board of Directors has approved the previously announced spin-off of its healthcare business, GE Healthcare Holding LLC ("GE HealthCare"). Prior to such spin-off, GE HealthCare is expected to be converted into a corporation and renamed GE HealthCare Technologies Inc. The company is expected to begin trading on N

Hyliion Holdings Corp. (NYSE:HYLN) ("Hyliion"), a leader in electrified powertrain solutions for Class 8 semi-trucks, today reported its third-quarter 2022 financial results. Key Business Highlights Closed acquisition of the KARNO™ generator from GE Additive, a revolutionary hydrogen and fuel-agnostic technology Announcing Founders Program for first 200 Hypertruck ERXTM units and releasing details around Hypertruck ERX go-to-market strategy, launch facility and expected vehicle pricing Reached new milestone in Hypertruck ERX development with deployment of test vehicles in controlled fleet trials with GreenPath Logistics, Wegmans and Detmar Logistics to date Confirmed Hypertruck ERX

Generator to be integrated into Hyliion's Hypertruck powertrain platform to offer a next generation fuel agnostic semi-truck solution KARNO generator is expected to be 20%+ more efficient than today's leading generators; achieved by 3D printing of thermal components and innovative fuel to electricity conversion Will be capable of operating on over 20 different fuels, including hydrogen, with significant emissions improvements Hyliion Holdings Corp. (NYSE:HYLN) ("Hyliion"), a leader in electrified powertrain solutions for Class 8 semi-trucks, announced today it has entered into a definitive agreement to acquire a new hydrogen and fuel agnostic capable generator ("KARNO") from GE Addit

Next step in transformation to realize full potential of each business  GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital businesses to become three industry-leading, global, investment-grade public companies GE intends to execute tax-free spin-offs of Healthcare in early 2023 and of the Renewable Energy and Power company in early 2024 Builds on significant momentum from strengthened financial position and operating performance GE remains focused on driving operational improvement for sustainable profitable growth in the current portfolio of businesses, leading to high-single-digit free cash flow margins in 2023 GE will use proceeds from re