Strong Financial Performance

GE Vernova Inc. has announced a remarkable 11% increase in revenue 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 quarter of 2024. Orders saw an 8% year-on-year growth, reaching $10.2 billion, with power equipment and services leading the charge.

2025 Outlook

Reaffirming its revenue forecast for 2025, GE Vernova anticipates $36-37 billion, accounting for tariffs and inflation impacts estimated at $300-$400 million. CFO Ken Parks highlighted the positive free cash flow in Q1 as a milestone, attributing it to strong down payments and efficient working capital management.

Market Reaction

Following the announcement, GE Vernova's shares experienced an 8.26% surge in premarket trading, reaching $353, signaling strong investor confidence in the company's trajectory.