The introduction of new products helped GE Healthcare grow revenues past the $4 billion mark in first quarter of 2011 (end-March 31). Profit in the segment also grew.
GE Healthcare's revenues advanced 18% to $4.09 billion, compared with $3.73 billion in the first quarter of 2010. Profit rose 7% to $531 million, compared with $497 million in the same quarter last year.
Parent company General Electric added that recent acquisitions will foster long-term growth in the business segment in the future.
