Strong Financial Performance

GE Vernova Inc. has announced a remarkable 11% year-on-year revenue increase for the first quarter of 2025, totaling $8 billion. This performance not only exceeded analysts' expectations but also marked a significant turnaround from the previous year's net loss to a net income of $264 million.

Earnings and Orders Growth

The company reported diluted earnings per share (EPS) of $0.91, a substantial improvement from a loss of $0.47 in the same period last year. Orders saw an 8% increase, reaching $10.2 billion, with power equipment and services leading the charge.

2025 Outlook

GE Vernova remains optimistic about its 2025 revenue forecast, projecting between $36-37 billion. The company has factored in the impact of tariffs and inflation, estimated at $300-$400 million, into its guidance.

Leadership's Perspective

"We had a strong start to 2025," said GE Vernova CFO Ken Parks, highlighting the achievement of positive free cash flow in the first quarter as a milestone for the business. Following the announcement, Verizon shares experienced an 8.26% surge in premarket trading, reaching $353.