General Electric warned that supply chain challenges are hurting its healthcare division's revenue and margin growth, Bloomberg reported Sept. 8.
GE Healthcare, which makes medical imaging machines and other products used by hospitals, is the Boston-based company's top profit generator, according to Bloomberg.
The company said its medical scanner division is experiencing "sustained pressure" from shortages of supplies like semiconductors and resins, and it expects the shortages to continue through the end of the year, according to a shareholder update from Steve Winoker, the company's vice president of investor relations.
The company's shares fell Sept. 8 after the shareholder update, Bloomberg reported.
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