The ultrasound business of GE Medical Systems was singled outfor praise last week in GE's announcement of fiscal 1996 financialresults. The Fairfield, CT, conglomerate said that new productsdrove the ultrasound business to grow 25% in a relatively
The ultrasound business of GE Medical Systems was singled outfor praise last week in GE's announcement of fiscal 1996 financialresults. The Fairfield, CT, conglomerate said that new productsdrove the ultrasound business to grow 25% in a relatively flatoverall market.
GEMS's ultrasound unit last year introduced major upgradesfor its Logiq line of scanners, and former GEMS president andCEO John Trani said last month that the upgrades were the keyto a successful year for the business (SCAN 1/8/97). Overall,GEMS was one of five GE businesses that reported double-digitincreases in operating profit.
For the year, GE reported record revenues of $79.2 billion,up 13% compared with $70 billion in 1995. Earnings also set arecord, with the company posting net income of $7.3 billion, up11% compared with $6.6 billion in 1995. The results may make GEthe most profitable company in the U.S. for the year.
GE did not break out sales and earnings figures for GE MedicalSystems, other than to report on the growth in ultrasound andoperating profit. GEMS in the past has reported sales of over$3.5 billion.
MRI-Based AI Radiomics Model Offers 'Robust' Prediction of Perineural Invasion in Prostate Cancer
July 26th 2024A model that combines MRI-based deep learning radiomics and clinical factors demonstrated an 84.8 percent ROC AUC and a 92.6 percent precision-recall AUC for predicting perineural invasion in prostate cancer cases.
Breast MRI Study Examines Common Factors with False Negatives and False Positives
July 24th 2024The absence of ipsilateral breast hypervascularity is three times more likely to be associated with false-negative findings on breast MRI and non-mass enhancement lesions have a 4.5-fold likelihood of being linked to false-positive results, according to new research.
Can Polyenergetic Reconstruction Help Resolve Streak Artifacts in Photon Counting CT?
July 22nd 2024New research looking at photon-counting computed tomography (PCCT) demonstrated significantly reduced variation and tracheal air density attenuation with polyenergetic reconstruction in contrast to monoenergetic reconstruction on chest CT.