GE reported $3.1bn net income in the second quarter, or 30 cents per share, up 1% and 3% from a year earlier. Revenue was $35.1bn, down 3.5%.
The company’s Power and Water division, which includes wind, saw second quarter revenue slide 17% to $5.7bn from a year earlier. Equipment revenue was down 30% to $2.6bn while service revenue was off 3% to $2.6bn.
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