GE HealthCare Technologies Inc.Patient Care Solutions revenue fell 13.3% and swung to a $26M segment EBIT loss, prompting a strategic review

GE HealthCare announced on August 31 that its Photonova Spectra photon-counting CT scanner received CE Mark approval, enabling sales across Europe and other regions recognizing the certification, following US FDA 510(k) clearance and Japanese regulatory approval in March 2026. The scanner, built on proprietary Deep Silicon detector technology, rotates in 0.23 seconds, covers 80 millimeters per rotation, and processes up to 50 times more data than conventional CT scanners, with NVIDIA's accelerated computing platform to maintain workflow speed. The company is partnering with UZ Brussel and Rigshospitalet for clinical research in cardiology, oncology, and musculoskeletal imaging. In the quarter ended June 30, GE HealthCare posted record organic orders growth of 11.1%, a book-to-bill ratio of 1.15, and a backlog of $23.9 billion, with revenue reaching $5.3 billion, up 5.7%. However, Patient Care Solutions, a segment covering patient monitoring, saw revenue drop 13.3% and swung to a segment EBIT loss of $26 million, prompting a review of strategic options for that unit. Company-wide adjusted EBIT margin slipped 40 basis points to 14.2%, and management reaffirmed full-year guidance for organic revenue growth of 3.0% to 4.0% and adjusted earnings per share of $4.80 to $5.00.
GE HealthCare Technologies Inc.Patient Care Solutions revenue fell 13.3% and swung to a $26M segment EBIT loss, prompting a strategic review
Abbott Laboratories
NVIDIA Corporation