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General Electric outpaced analysts' expectations when it posted its earnings report on Friday, causing shares to jump.
During the first quarter, GE recorded a net loss of 14 cents per share, wider than the loss of 1 cent per share a year earlier. However, on an adjusted basis, earnings came to 16 cents per share, above analysts' predictions of 11 cents per share.
Revenue rose 7 percent to $28.7 billion, beating predictions of $27.5 billion for the first quarter.
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