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GE Vernova's quarterly revenue beats on strength in power, electrification units

The results come at a time when the power industry is bracing for the impact of the Trump administration's sweeping tariffs and policies, which have disrupted supply chains, raised costs and threatened the future of offshore wind projects. The power equipment maker reaffirmed its annual revenue forecast of $36 billion to $37 billion, but added the forecast includes a cost impact of about $300 million to $400 million due to tariffs. GE Vernova, which became independent last year after a three-way split of General Electric, reported total orders of $10.2 billion in the first quarter, up roughly 8% from last year.

The results come at a time when the power industry is bracing for the impact of the Trump administration's sweeping tariffs and policies, which have disrupted supply chains, raised costs and threatened the future of offshore wind projects. The power equipment maker reaffirmed its annual revenue forecast of $36 billion to $37 billion, but added the forecast includes a cost impact of about $300 million to $400 million due to tariffs. GE Vernova, which became independent last year after a three-way split of General Electric, reported total orders of $10.

2 billion in the first quarter, up roughly 8% from last year..