GE Vernova Inc.(GEV) - 2024 Q2 - Quarterly Results

Page 1 GE Vernova Reports Second Quarter 2024 Financial Results Strong 2Q'24 results with margin expansion & substantial cash flow improvement; raising 2024 guidance Second Quarter 2024 Highlights: • Total orders of $11.8B exceeded revenue by 1.4X • Total revenue of $8.2B, +1%, +2% organically*, led by services growing +7%, +9% organically* • Net income of $1.3B, +$1.4B; net income margin of 15.6%, +1,740 bps • Adjusted EBITDA* of $0.5B, +$0.3B organically*; adjusted EBITDA margin* of 6.4%, +320 bps organic ...