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GE stock gains after profit and FCF beats, while revenue surprisingly fell

GE stock gains after profit and FCF beats, while revenue surprisingly fell

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Shares of General Electric Co. GE, +1.20% rose 1.0% in premarket trading Tuesday, after the industrial conglomerate reported third-quarter profit and industrial free cash flow that beat expectations, but revenue that surprisingly fell, while providing an upbeat full-year earnings outlook. On a net per-share basis, GE swung to earnings of $1.08 from a loss of $1.09 in the year-ago period.

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