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To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. By the numbers Q2 revenue: $5 billion3% increase year over year Net income: $486 millionNearly 14% increase year over yearGE HealthCare lowered the expected impact from tariffs on its financial outlook Wednesday and said customer demand for capital equipment remained healthy in the second quarter.The medical imaging company boosted its forecast for organic revenue growth in 2025 to 3%, up from a range of 2% to 3%.However, shares in the company fell nearly 8% to end at $71.64 on the New York Stock Exchange, as investors focused on slower-than-expected order growth and a delayed market recovery in China. J.P. Morgan analysts, in a Wednesday note to investors, said second-quarter order growth of about 3% year over year was below the 5% that investors wanted, and the outlook for China was disappointing.GE HealthCare CEO Peter Arduini told analysts on the earnings call that the situation in China continues to evolve. “I'd say China, we're seeing activity pick up, but the market recovery is taking a little bit longer,” said Arduini. “We think the longer-term outlook will be positive just based on the size of the country.”Still, with greater clarity from deals struck between the U.S. and global trade partners, GE HealthCare now expects a 45-cent tariff impact to adjusted earnings per share for the full year, roughly half of the 85-cent hit it projected last quarter. The reduction is similar to revised outlooks from other large medical device makers, such as Boston Scientific and Johnson & Johnson, which also halved their tariff impact forecasts.GE HealthCare raised its full-year outlook for adjusted EPS to a range of $4.43 to $4.63, from the previous forecast of $3.90 to $4.10. The improved outlook follows the company’s steep earnings guidance cut in April.For 2026, tariff expenses are expected to be below the 45 cents forecast for 2025 due to mitigation efforts that include supply chain restructuring actions and selective price increases.CFO Jay Saccaro, on the earnings call, said the company is working on longer-term changes to the supply chain, such as investing in more local manufacturing and shifting capacity within supplier networks to more tariff-friendly locations.“As we've seen these trade deals shape up, we're now in a position to begin to execute on some of these, which we'll do in the second half of the year, and then those will benefit 2026,” Saccaro said.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,368.25 -6.00 (-0.09%)Dow Futures44,271.00 -34.00 (-0.08%)Nasdaq Futures23,332.75 -32.25 (-0.14%)Russell 2000 Futures2,220.70 +0.50 (+0.02%)VIX16.72 +1.24 (+8.01%)Gold3,341.50 -7.10 (-0.21%)PortfolioSign in to access your portfolioSign inTop gainersNEGG Newegg Commerce, Inc. 63.79 +18.82 (+41.85%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)FRGE Forge Global Holdings, Inc. 21.92 +5.10 (+30.32%)AMSC American Superconductor Corporation 56.85 +12.91 (+29.38%)PI Impinj, Inc. 154.58 +32.37 (+26.49%)Top losersALGN Align Technology, Inc. 129.01 -74.56 (-36.63%)CFLT Confluent, Inc. 17.73 -8.68 (-32.86%)BAX Baxter International Inc. 21.76 -6.29 (-22.42%)SPSC SPS Commerce, Inc. 108.87 -30.69 (-21.99%)KEX Kirby Corporation 95.31 -24.69 (-20.58%)Most activeNVDA NVIDIA Corporation 177.87 -1.40 (-0.78%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)NIO NIO Inc. 4.8700 +0.3600 (+7.98%)SOFI SoFi Technologies, Inc. 22.58 +0.71 (+3.25%)F Ford Motor Company 11.07 +0.20 (+1.84%)Earnings eventsTrending tickersFIG Figma, Inc. 115.50 +82.50 (+250.00%)AAPL Apple Inc. 207.57 -1.48 (-0.71%)AMZN Amazon.com, Inc. 234.11 +3.92 (+1.70%)RDDT Reddit, Inc. 160.59 +11.26 (+7.54%)COIN Coinbase Global, Inc. 377.76 +0.28 (+0.07%)Top economic events