Koninklijke Philips N.V. (PHG)

NYSE: PHG · IEX Real-Time Price · USD
25.28
+0.20 (0.80%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.80%
Market Cap 23.58B
Revenue (ttm) 20.19B
Net Income (ttm) -517.78M
Shares Out 932.58M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 12.89
Dividend n/a
Ex-Dividend Date n/a
Volume 476,686
Open 24.95
Previous Close 25.08
Day's Range 24.93 - 25.32
52-Week Range 17.75 - 29.44
Beta 0.69
Analysts Hold
Price Target n/a
Earnings Date Jul 29, 2024

About PHG

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focus... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1891
Employees 69,656
Stock Exchange NYSE
Ticker Symbol PHG
Full Company Profile

Financial Performance

In 2023, PHG's revenue was 18.17 billion, an increase of 1.92% compared to the previous year's 17.83 billion. Losses were -466.00 million, -71.02% less than in 2022.

Financial numbers in EUR Financial Statements

News

Philips shares up 2.5% after Agnelli family-owned Exor increases stake

Philips shares were up more than 2.5% Wednesday in the wake of a U.S. Securities and Exchange Commission (SEC) filing showing Exor , the investment arm of Italy's Agnelli family, has increased its sta...

6 days ago - Reuters

Philips completes cancellation of 4.4 million shares

June 19, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 4,437,164 of its shares. The cancelled shares were acquired as...

13 days ago - GlobeNewsWire

Subscription Model Drives Record Customer Advocacy and Satisfaction Rates for eDreams ODIGEO

BARCELONA, Spain--(BUSINESS WIRE)--eDreams ODIGEO (‘The Company'), the world's leading travel subscription platform and one of Europe's largest e-commerce businesses, today announced that it has achie...

Other symbols: MORN
14 days ago - Business Wire

88% of US Healthcare Leaders say the use of automation for repetitive tasks is critical for addressing staff shortages in new Philips Future Health Index

CAMBRIDGE, Mass.--(BUSINESS WIRE)--The Future Health Index (FHI) survey conducted by Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, explores the ongoing staffing and acces...

14 days ago - Business Wire

Future Health Index 2024 global report: Healthcare leaders turn to AI to address critical gaps in patient care

June 18, 2024 Healthcare leaders indicate automation is crucial in addressing staff shortages, but staff remain skeptical Interest in Generative AI grows, with majority of health leaders investing in,...

14 days ago - GlobeNewsWire

Philips Zenition 90 Motorized receives FDA 510(k) clearance, helping clinicians deliver high quality care with a high-powered and fast motorized mobile C-arm

June 17, 2024 Intuitive motorization for greater control and high-power (25 kW [1]) for state-of-the-art image quality supports complex vascular needs and a full range of clinical procedures Automated...

15 days ago - GlobeNewsWire

Teeth Whitening Systems Market Analysis and Future Outlook Through 2033, Featuring Ultradent Products, Koninklijke Philips, HiSmile and Southern Dental Industries

Dublin, June 17, 2024 (GLOBE NEWSWIRE) -- The "Teeth Whitening Systems Market Size by Segments, Share, Regulatory, Reimbursement and Forecast to 2033" report has been added to ResearchAndMarkets.com's...

15 days ago - GlobeNewsWire

India Mixer Grinder Market Forecast to 2029, Featuring Preethi Kitchen Appliances, Sujata Appliances, Bajaj Electricals, Orient Electric, TTK Prestige, Groupe SEB India, Usha, Bosch and Philips

Dublin, June 06, 2024 (GLOBE NEWSWIRE) -- The "India Mixer Grinder Market 2023-2029 Segmentation, Growth, Companies, Revenue, Trends, Share, Outlook, Forecast, Industry, Analysis, Value & Size: Market...

26 days ago - GlobeNewsWire

Philips CPAP Settlement: What to Know

Philips agreed to a $1.1 billion settlement over CPAP and ventilator machines. Users can sign up to be part of the payout if they haven't already joined in the lawsuit.

4 weeks ago - Kiplinger

Philips celebrates 1.9m liters of helium saved as it marks 1,111 helium-free MRI operations installs, expanding care to more patients in more locations

May 30, 2024 First to provide helium-free operations in 2018, Philips marks milestone during installation in Puerto Rico Amsterdam, the Netherlands and Bayamón, Puerto Rico – Royal Philips (NYSE: PHG,...

4 weeks ago - GlobeNewsWire

Philips successfully prices offering of Notes for EUR 700 million to be used for repayment of existing debt

May 23, 2024  Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its offering of EUR 700 million fixed r...

5 weeks ago - GlobeNewsWire

Martingale Risk – Philips Shareholders Group Action to be Filed in the Netherlands

LONDON--(BUSINESS WIRE)--Martingale Risk, a specialist in global securities loss recovery, is originating a group action in the Netherlands against Philips on behalf of institutional investors, togeth...

5 weeks ago - Business Wire

Philips ePatch and AI analytics platform rolled out to 14 hospitals across Spain to monitor heart patients

May 22, 2024 Philips wearable ePatch and AI analytics platform help detect potentially life-threatening irregular heartbeats The solution helps University Hospital Vall d'Hebron achieve reduced averag...

5 weeks ago - GlobeNewsWire

Philips Foundation 2023 Annual Report: unlocking quality medical services for over 28 million people in underserved communities

May 21, 2024 Progress towards Philips Foundation's 2030 target of 100 million lives improved in underserved communities each year 17 new initiatives with strategic partners and 4 new investments in he...

6 weeks ago - GlobeNewsWire

Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions

May 17, 2024 Three studies demonstrate how Philips MCOT wearable ambulatory monitoring ECG and proprietary AI models applied to ECG digital biomarkers can help to improve diagnosis, reduce readmission...

6 weeks ago - GlobeNewsWire

Philips announces exchange ratio for 2023 dividend

May 15, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2023 is 1 new common share for every 29.2684 exist...

6 weeks ago - GlobeNewsWire

Philips shareholders approve all proposals at the AGM 2024

May 7, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that its shareholders approved all proposals at the Annual General Meeting of Shareholders (AGM) 2024, in...

2 months ago - GlobeNewsWire

Philips Avent Supports March of Dimes' It Starts With Mom Initiative to Help New Moms Access Resources to Prioritize their Health and Well-being

Philips Avent introduced Share the Care brand positioning in March 2024 , encouraging families, friends and communities to better support moms so they can prioritize their well-being and self-care. CA...

2 months ago - PRNewsWire

Nicklaus Children's Health System, Philips to provide innovative patient and staff experience, helping to enhance outcomes for the smallest of patients

April 30, 2024 Philips AI-enabled diagnostic and experiential technologies help put patients at ease while empowering staff with faster, high-quality scans and increased diagnostic confidence Amsterda...

2 months ago - GlobeNewsWire

Philips stock soars on $1.1 billion respiratory device settlement

Koninklijke Philips (PHG) reached a $1.1 billion settlement over a US device recall for its respiratory ventilator devices, causing shares of the company to jump on Monday. The payment was originally ...

2 months ago - Yahoo Finance

Philips CEO on $1.1 billion settlement over DreamStation sleep apnea machines

Roy Jakobs, Philips CEO, joins 'Money Movers' to discuss the company's recent settlement, the sales of the company's sleep apnea machines, and more.

2 months ago - CNBC Television

Philips Stock Soars as Company Reaches $1.1B Settlement in US for Sleep Apnea Devices

Koninklijke Philips (PHG) shares traded in the U.S. soared nearly 30% Monday morning after the Dutch medical devices giant agreed to a $1.1 billion settlement to pay out personal injury cases in the U...

2 months ago - Investopedia

Philips pays $1.1B to settle sleep apnea device suits

Philips Respironics announced that it agreed to pay over a billion dollars to settle claims stemming from the 2021 U.S. recall of its sleep therapy devices.

2 months ago - Fox Business

'Vast majority' of legal cases over apnea recall now settled: Philips CEO

Philips CEO Roy Jakobs comments on the company's first-quarter results and its agreement of a $1.1 billion settlement for personal injury and medical monitoring claims linked to the recall of some res...

2 months ago - CNBC International TV

Philips shares soar 30% after U.S. litigation settlement far lower than feared

Shares of Royal Philips NV soared on Monday, after the Dutch health-technology group announced a much lower-than-expected U.S. settlement over its Respironics ventilators.

2 months ago - Market Watch