GE Vernova posts Q4 net income of USD 3.7 billion, up more than 7 times, with revenue at USD 11.0 billion
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GE Vernova Inc. reported a Q4 net income of USD 3.7 billion, a more than 7-fold increase, with revenues of USD 11.0 billion. For the full year, revenues reached USD 37.8 billion, with a 9% organic growth. Adjusted EBITDA was USD 3.2 billion, and free cash flow totaled USD 3.7 billion. The company announced a quarterly dividend of USD 0.50 per share and increased its share repurchase authorization to USD 10 billion. By year-end, GE Vernova's backlog rose to USD 150 billion.
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