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 stark contrast to the $0.47 loss per share in Q1 2024. Furthermore, orders saw an 8% year-on-year increase, reaching $10.2 billion, with power equipment and services leading the charge.

2025 Outlook

GE Vernova remains optimistic about its 2025 guidance, maintaining its revenue forecast at $36-37 billion. The company also acknowledged the potential impact of tariffs and inflation, estimating it to be around $300-$400 million.

Leadership's Perspective

"We had a strong start to 2025... We generated positive free cash flow in the first quarter, a milestone for the GE Vernova businesses," stated CFO Ken Parks. This positive report led to an 8.26% surge in Verizon shares during premarket trading, reaching $353.