GE revenue falls 1 percent

GE revenue falls 1 percent
 

General Electric Co (GE.N) reported a 1 percent decline in quarterly revenue on Friday, hurt by lower sales in its oil and gas and lighting businesses.
However, earnings from continuing operations attributable to GE shareholders rose to $858 million (669.5 million pounds) in the first quarter ended March 31, from $248 million a year earlier.
Earnings per share from continuing operations rose to 10 cents from 3 cents. (invent.ge/2obaxNT)
Total revenue fell to $27.66 billion from $27.85 billion.
(Reporting by Rachit Vats in Bengaluru; Editing by Sriraj Kalluvila)
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21 April 2017 in Business, Views: 30
Source: Reuters
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