GE Vernova's second-quarter revenue was US$11.1 billion, compared with US$10.82 billion expected; Second-quarter earnings per share were $2.47, compared with $1.86 in the same period last year
GE Vernova's second-quarter revenue was US$11.1 billion, compared with US$10.82 billion expected. Second-quarter earnings per share were $2.47, compared with $1.86 in the same period last year. Second quarter adjusted EBITDA was $1.25 billion, compared with expectations of $1.29 billion. The order backlog reaches $176 billion. GE Vernova expects full-year adjusted free cash flow to be $11.5 billion to $12.5 billion, compared with its previous forecast of $6.5 billion to $7.5 billion. GE Vernova expects organic revenue from its wind power business to decline by a low double-digit percentage in 2026. GE Vernova expects third-quarter wind power revenue to decline by a low double-digit percentage. GE Vernova U.S. stocks rose nearly 7% before the market opened.