GE Healthcare’s second-quarter revenues and profits showed continued growth during the three months ended June 30.
The medical equipment manufacturing unit of General Electric Co. (NYSE:GE) generated $4.1 billion in revenues during the quarter, a 3 percent increase over the previous year’s second quarter. Segment profit jumped 12 percent to $661 million, compared with $590 million during Q2 2009.
Some of the segment’s recent sales growth is attributable to the sharp decline in hospital spending in early 2009.