India, Oct. 20 -- GE Aerospace (GE), a provider of jet engines, aerospace systems and related services, reported higher third-quarter profit on Tuesday, supported by revenue growth. The company also raised its full-year Outlook.
Net income from continuing operations increased to $2.412 billion, or $2.32 per share, from $2.170 billion, or $2.04 per share, a year earlier. Net profit rose to $2.805 billion from $2.515 billion in the prior-year period.
Excluding one-time items, adjusted income climbed to $2.343 billion or $2.25 per share from $1.764 billion or $1.66 per share last year.
Operating profit jumped 30% year-on-year to $2.988 billion.
Quarterly revenue grew 16% to $14.118 billion from $12.181 billion a year earlier, driven by hig...