22.04.2016 - General Electric's revenue increased by 6.1%
General Electric has published a report for the last quarter according to which the loss of the company was 98 million dollars against 13.57 billion dollars loss for the same period last year. At the same time the company's revenue increased by 6.1% to 27.6 billion dollars. The company's operating profit dropped 3% to 2.9 billion dollars and the volume of stocks decreased by 7%. Given the order’s portfolio growth, we expect the rise of the company's shares by 15-20% in the medium term, but in the near future will probably see a drop.