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GE Vernova to remove some Vineyard Wind blades
GE Vernova Finds Further Problems With Its Wind Turbine Blades
The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket.
GE Vernova slips on Q3 miss; to remove some Vineyard Wind blades after incident
The company's reported Q3 loss fell to $99M, or $0.35/share, from a loss of $185M, or $0.62/share in the year-earlier quarter, while revenues rose 8% Y/Y to $8.9B, and adjusted EBITDA totaled $243M, up from $205M a year ago, but below the $249M analyst consensus estimate.
GE Vernova details blade removal progress at Vineyard Wind
According to GE Vernova, the turbine blade failure was was caused by a "material or manufacturing deviation" at a factory in Gaspé, Canada.
3d
on MSN
GE Vernova Stock Rises After Earnings Miss
Power-generation firm GE Vernova reported disappointing numbers for the third quarter. Offshore wind-turbines have been a ...
3d
on MSN
GE Vernova earnings disappoint Wall Street amid wind woes
Offshore wind continues to drag down GE Vernova's financial results, although the company says it still expects 2024 revenues ...
2d
GE Vernova Gains Investor Confidence With Strong Revenue Outlook And Path To Higher Margins, Say Analysts
GEV share price rises on strong earnings, with analysts optimistic about future revenue and margins. Morgan Stanley raises PT ...
5d
on MSN
AI's surge is sparking demand for an unexpected GE Vernova product
Free Newsletter From TheStreet - TheStreet🔌 "In the US and Europe, this increased demand will help drive the kind of ...
3d
on MSN
GE Vernova Stock Falls on Surprise Loss
GE Vernova shares fell Wednesday morning after it reported an unexpected third-quarter net loss, as offshore wind contract ...
4d
GE Vernova Vs. GE Healthcare: Betting On Power Or Medical Tech To Lead AI-Powered Future?
GE Vernova and GE Healthcare are reporting Q3 earnings, with Vernova expected to outperform due to investments in ...
2d
GE Vernova Inc. Maintains Strong Market Position and Growth Potential with Buy Rating and Increased Price Target
Truist Financial analyst Jordan Levy maintained a Buy rating on GE Vernova Inc. (GEV – Research Report) today and set a price target of ...
5d
Despite wind troubles, GE Vernova expected to report growth
Despite turbulence in its Offshore Wind segment dragging down the company's profit margins, analysts are bullish ahead of GE ...
1d
GE Vernova Inc. (NYSE:GEV) Stock Holdings Increased by CENTRAL TRUST Co
CENTRAL TRUST Co boosted its stake in GE Vernova Inc. (NYSE:GEV – Free Report) by 47.5% in the third quarter, according to ...
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