General Electric reported its first-quarter (end-March) fiscal results this month, breaking out for the first time profits in each of its business segments. The company’s technical products and services division, of which Waukesha, WI-based GE
General Electric reported its first-quarter (end-March) fiscal results this month, breaking out for the first time profits in each of its business segments. The companys technical products and services division, of which Waukesha, WI-based GE Medical Systems is part, posted revenues of $1.5 billion for the quarter, a 34% increase over the previous years $1.1 billion. The division saw profits of approximately $268 million, up 15% from 1998s $234 million.
GEMS reported a 42% increase in U.S. mammography orders for the quarter, which it attributed to the launch of herSource, an equipment, services, and financing program that supports womens healthcare. CT orders climbed 25% worldwide during the period due to strong demand for GEMS LightSpeed QX/i system, the company said.
FDA Clears Virtually Helium-Free 1.5T MRI System from Siemens Healthineers
June 26th 2025Offering a cost- and resource-saving DryCool magnet technology, the Magnetom Flow.Ace MRI system reportedly requires 0.7 liters of liquid helium for cooling over the lifetime of the device in contrast to over 1,000 liters commonly utilized with conventional MRI platforms.