Early Access

10-Q/APeriod: Q1 FY2012

GENERAL ELECTRIC CO Quarterly Report (Amendment) for Q1 Ended Mar 31, 2012

Filed May 9, 2012For Securities:GE

Summary

General Electric Company (GE) filed an amendment to its first quarter 2012 10-Q report on May 8, 2012. While the filing itself is an amendment and primarily references Exhibit 99(a) concerning "Financial Measures That Supplement Generally Accepted Accounting Principles," it indicates a focus on how GE presents its financial performance beyond standard GAAP. Investors should note that this filing doesn't introduce new operating results but rather clarifies or supplements how those results are understood, particularly concerning non-GAAP measures. These supplemental measures are often used by management to provide a more insightful view of the company's ongoing operational performance, potentially excluding certain one-time or non-recurring items. For investors, it's crucial to examine these supplemental financial measures closely. They can offer a different perspective on GE's profitability and operational efficiency, but investors must also understand the reconciliation to GAAP figures to fully assess the company's financial health. The specific details within Exhibit 99(a) would be key to understanding GE's strategic reporting approach during this period. Without the full context of the exhibit, it's difficult to provide specific operational insights, but the emphasis on non-GAAP measures suggests management's desire to highlight core business performance.

Financial Highlights

43 data points
Beta

Revenue

$35.08B

0.2% Gross Margin

Net Income

$3.03B

0.1% Net Margin

EPS (Diluted)

$2.32

Total Assets

$707.72B

Cash & Equivalents

$83.65B

Free Cash Flow

$3.18B

Financial Statements
Beta
Revenue$35.08B
Cost of Revenue$13.46B
Gross Profit$5.65B
Operating Expenses$31.15B
Operating Income$5.06B
Net Income$3.03B
EPS (Basic)$2.32
EPS (Diluted)$2.32

Key Highlights

  • 1The filing is an amendment to the Q1 2012 10-Q report, filed on May 8, 2012.
  • 2The primary content referenced is Exhibit 99(a), which details 'Financial Measures That Supplement Generally Accepted Accounting Principles' (non-GAAP measures).
  • 3This amendment suggests GE is providing additional context or clarification on its financial reporting, focusing on non-GAAP metrics.
  • 4Investors should review Exhibit 99(a) to understand the specific non-GAAP measures used and their reconciliation to GAAP.
  • 5The filing does not appear to introduce new primary financial results but rather supplements the presentation of existing data.
  • 6The emphasis on non-GAAP measures indicates management's effort to provide a view of ongoing operational performance.

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