GE HealthCare Technologies Inc. (GEHC) Bank of America Global Healthcare Conference 2026 May 12, 2026 1:40 PM EDT
Company Participants
James Saccaro – VP & CFO
Philip Rackliffe – President & CEO of Advanced Imaging Solutions (AIS)
Carolynne Borders – Chief Investor Relations Officer
Conference Call Participants
Travis Steed – BofA Securities, Research Division
Presentation
Travis Steed
BofA Securities, Research Division
Good morning everybody. I think we’re still in the running. This is Travis Steed, the Bank of America MedTech analyst. And next up at our Vegas conference, we have GE HealthCare. We have Jay Saccaro, CFO; Philip Rackliffe, President and CEO of Advanced Imaging Solutions and Carolynne Border, Vice President of Investor Relations on stage. Thanks for joining us.
James Saccaro
VP & CFO
Thank you, Travis. Appreciate the invitation to the conference. It’s nice to see those in the room. Thanks for the interest in our company.
Question-and-Answer Session
Travis Steed
BofA Securities, Research Division
Great. Maybe just to start out, coming off Q1, the guide reduction, maybe just higher level, kind of level set us kind of post Q1 Where things stand?
James Saccaro
VP & CFO
Obviously, a disappointing first quarter, right? We ended up having to lower guidance for the year, which is something we take very seriously. And for us, there were just some very dramatic inflationary costs that we’re faced with that we had to reflect in the guidance going forward to put the appropriate level of risk into the guidance.
But having said that, we are very optimistic about many aspects of the business and the long-term potential that we at GE HealthCare have. It begins with in the first quarter, you’ll note that we grew orders a little over 1%. That was against the 10% comp. So very good performance from an order standpoint. From a sales standpoint, we came in
