India, July 22 -- GE Vernova Inc., an energy equipment manufacturing and services company, on Wednesday reported higher profit and revenues in its second quarter, with significant growth in orders. Further, the firm maintained fiscal 2026 margin view, and raised revenue forecast.
In pre-market activity on the NYSE, the shares were losing around 7.5 percent, trading at $998.00.
GE Vernova CEO Scott Strazik said, "We delivered strong financial results in the second quarter as global demand for our products and solutions continues to grow. With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance."...