January 31, 2019 / 11:36 AM / 3 months ago

General Electric swings to small profit in Q4

Jan 31 (Reuters) - U.S. industrial conglomerate General Electric Co reported a $666 million profit for the fourth quarter, recovering from the $23 billion charge it took three months ago as it began restructuring under a new chief executive.

On a per share basis, GE reported profit from continuing operation of 8 cents, compared with a loss of $1.29 cents per share a year ago. On an adjusted basis, GE earned 17 cents per share. (Reporting by Rachit Vats in Bengaluru Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below