General Electric Co. said its earnings rose 20 percent in the first quarter, led by strong performances at its industrial systems and NBC units.
Earnings were $2.59 billion, or 78 cents per share, compared with $2.16 billion, or 65 cents per share, in the same period a year ago.
The results beat the expectations of Wall Street analysts by a penny, according to First Call/Thomson Financial.
Revenues in the quarter rose 24 percent to $30 billion, up from $24.17 billion a year ago.
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