GE revenue falls 1 percent

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The General Electric (GE) logo marks containers in the parking lot of a facility in Medford, Massachusetts, U.S., April 20, 2017. REUTERS/Brian Snyder (Copyright Reuters 2017)

General Electric Co reported a 1 percent decline in quarterly revenue on Friday, hurt by lower sales in its oil and gas and lighting businesses.

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However, earnings from continuing operations attributable to GE shareholders rose to $858 million in the first quarter ended March 31, from $248 million a year earlier.

Earnings per share from continuing operations rose to 10 cents from 3 cents. (http://invent.ge/2obaxNT)

Total revenue fell to $27.66 billion from $27.85 billion.

(Reporting by Rachit Vats in Bengaluru; Editing by Sriraj Kalluvila)