KEY POINTS
- GE’s first-quarter revenue remained steady even as the company continued to burn cash.
- GE, in the middle of what it describes as a multiyear turnaround, tells shareholders that more costs are yet to come.
- GE’s industrial free cash flow in the quarter, a key metric that many analysts and shareholders use to judge the health of the company, was a loss of $1.2 billion.
- https://www.cnbc.com/2019/04/30/general-electric-earnings-q1-2019.html
Submitted April 30, 2019 at 08:10AM by markyu007 http://bit.ly/2DEfeFv
