GE sees FY24 GE Vernova revenue $34B-$35B

For the full year, GE‘s 2024 guidance reflects GE Vernova and GE Aerospace operating independently, incorporating standalone and other costs that each will incur separately. GE Vernova expects to deliver revenue of $34B to $35B; adjusted EBITDA margin of mid single digits, toward the higher end of the range; and free cash flow of $0.7B to $1.1B. GE Aerospace expects adjusted revenue to grow low double digits or more, operating profit of $6.0B to $6.5B, and free cash flow of greater than $5B.