More on GE (GE) Q2: net profit rises slightly to $3.13B as revenues slip 4% to $35.1B; operating...

|By:, SA News Editor

More on GE (GE) Q2: net profit rises slightly to $3.13B as revenues slip 4% to $35.1B; operating profit -8% to $3.7B. Orders +4%, U.S. orders +20%; Industrial segment growth market revenues +5%, segment margins +50 bps, with strong performance in six of seven segments. Emerging markets remain resilient, Europe is stabilizing but still challenged. GE expects margin expansion to continue and segment profits to grow in H2. Shares +1.8%. (PR)