💨 Abstract

Siemens Healthineers reported a 5.5% increase in first-quarter revenue, mainly driven by a 16% growth in U.S. revenues. However, revenues from China declined 6% due to delays in customer orders amid a Chinese anti-corruption campaign. The company expects a continued decline in sales in China for the next few quarters. The CEO expressed concern about potential U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖