Koninklijke Philips N.V. (PHG)

NYSE: PHG · Real-Time Price · USD
25.79
+0.16 (0.62%)
Dec 13, 2024, 4:00 PM EST - Market closed
0.62%
Market Cap 24.05B
Revenue (ttm) 20.12B
Net Income (ttm) -365.83M
Shares Out 933.27M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE 15.33
Dividend n/a
Ex-Dividend Date n/a
Volume 462,204
Open 25.90
Previous Close 25.63
Day's Range 25.69 - 25.92
52-Week Range 19.55 - 32.91
Beta 0.79
Analysts Hold
Price Target n/a
Earnings Date Feb 3, 2025

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, Koninklijke Philips'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

NEFHSC, Baptist Health & Philips Give Local Families Free Pregnancy+ App

JACKSONVILLE, Fla.--(BUSINESS WIRE)--To help ensure more families have access to educational resources they need for healthy birth outcomes, the Northeast Florida Healthy Start Coalition (NEFHSC), Bap...

4 days ago - Business Wire

Philips is focused on a 'resilient and agile' supply chain: CEO

Philips (PHG) CEO Roy Jakobs sits down with Catalysts Hosts Seana Smith and Madison Mills to discuss the health tech company's strategy for President-elect Donald Trump's second term in the White Hous...

9 days ago - Yahoo Finance

Philips CEO on AI in health care: We're 'very passionate' about giving time back to the caregivers

Roy Jakobs, Royal Philips CEO, joins 'Squawk Box' to discuss the use of AI in health care, whether the technology can provide better patient care, cost structure for hospitals for implement AI, and mo...

9 days ago - CNBC Television

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

December 1, 2024 Philips CT 5300 combines innovative hardware, software, and artificial intelligence to make high-quality screening, diagnostic, and interventional imaging accessible to more patients,...

12 days ago - GlobeNewsWire

Better care for more people: Philips innovates in AI-enabled imaging and cloud-based informatics at #RSNA24

December 1, 2024 Philips' intelligent diagnostic and treatment solutions, combined with its advanced capabilities in healthcare informatics, uniquely position the company to drive precision imaging fo...

12 days ago - GlobeNewsWire

Philips and AWS expand strategic collaboration to advance HealthSuite cloud services and power generative AI workflows

November 26, 2024 Cloud-enabled integrated diagnostics portfolio aims to unify workflows, improve access to critical insights, and drive better outcomes for patients Amsterdam, the Netherlands – Royal...

17 days ago - GlobeNewsWire

Philips advances remote imaging leadership with FDA 510(k) clearance for innovative remote scanning and protocol management capabilities

November 22, 2024 Vendor-agnostic, multi-modality Radiology Operations Command Center (ROCC) connects technologists, radiologists, and operations teams in real time New FDA 510(k) cleared remote scann...

21 days ago - GlobeNewsWire

Philips unveils next-generation BlueSeal helium-free MRI system, integrated with AI-enabled Smart Reading at #RSNA24

Nov. 21, 2024 Industry's first wide bore, high-performance helium-free [1] 1.5T MR features AI assistance at every step in the MRI workflow, with seamless integration of cloud-based AI image reading a...

22 days ago - GlobeNewsWire

Australia Air Purifiers Market Analysis by Region, Forecast to 2029 - Featuring Profiles of Leading Players HoMedics, INOVA Air, Philips Electronics, Andatech, Water Filters & More

Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "Australia Air Purifiers Market by Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering...

4 weeks ago - GlobeNewsWire

Philips Norelco and actor Adam Scott pay tribute to "The King of Beards" this holiday

Partnership continues this holiday season to encourage folks to embrace their personal growth and facial hair looks CAMBRIDGE, Mass. , Nov. 13, 2024 /PRNewswire/ --  Royal Philips  (NYSE: PHG, AEX: PH...

4 weeks ago - PRNewsWire

Philips Spectral CT 7500 RT, world's first spectral 4DCT respiratory-gated imaging receives FDA 510(k) clearance

November 12, 2024 Designed specifically for use in radiation oncology, new Spectral CT 7500 RT enables personalized radiation therapy planning to deliver better care for more cancer patients Amsterdam...

4 weeks ago - GlobeNewsWire

Philips enrolls first patient in U.S. clinical trial for innovative integrated single-device to treat peripheral artery disease

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced enrollment of the first patient in the U.S. THOR IDE clinical trial, which will...

5 weeks ago - GlobeNewsWire

Philips and Aspen Dental launch multi-year Sonicare-brand partnership

Industry leaders collaborate to offer Philips clinically proven tools and resources to Aspen Dental patients, providing better care for more people CAMBRIDGE, Mass. , Oct. 30, 2024 /PRNewswire/ -- Roy...

6 weeks ago - PRNewsWire

Philips Stock Crashes On China Slump

Philips' Q3 earnings showed flat sales but improved margins, driven by better productivity and pricing, despite weak performance in China. Risks include significant exposure to the Chinese market and ...

6 weeks ago - Seeking Alpha

Philips to Further Roll Out RATE: AI for Early Infection Detection at U.S. Department of Defense Through Four-Year, $25 Million Contract

CAMBRIDGE, Mass. & WASHINGTON--(BUSINESS WIRE)--Royal Philips (NYSE: PHG, AEX: PHIA) today announced it will accelerate the predictive health monitoring of the Rapid Analysis of Threat Exposure (RATE)...

6 weeks ago - Business Wire

S&P 500 Moves Higher; Philips Shares Plunge After Q3 Earnings

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 300 points on Monday.

6 weeks ago - Benzinga

Philips: Looking Undervalued After Q3 Earnings Drop

Philips faces challenges in China, but its overall fundamentals remain strong, with significant growth potential in other markets and segments like cardiovascular and ultrasound. Despite a 17% share p...

6 weeks ago - Seeking Alpha

Royal Philips (PHG) CEO on Earnings, Healthcare Brands

Roy Jakobs, CEO of Royal Philips, joins Oliver Renick to sift through the company's latest quarterly figures. Shares of PHG (@Philips) tumbled in premarket trading as the company cut its guidance due ...

6 weeks ago - Schwab Network

Koninklijke Philips N.V. (PHG) Q3 2024 Earnings Call Transcript

Koninklijke Philips N.V. (NYSE:PHG) Q3 2024 Results Conference Call October 28, 2024 5:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer ...

6 weeks ago - Seeking Alpha

Philips Posts Weak Earnings, Joins Clear Channel Outdoor And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Monday.

Other symbols: CCO
6 weeks ago - Benzinga

Philips Stock Tanks on Outlook Cut as Demand Deteriorates in China

American depositary receipts (ADRs) of Koninklijke Philips (PHG) are tumbling more than 15% in premarket trading Monday after the Dutch conglomerate cut its 2024 sales outlook amid a "significant dete...

6 weeks ago - Investopedia

Dutch Health Tech Firm Philips' Q3 Earnings Miss Expectations, Lowers Annual Forecasts On Weak Demand In China

On Monday, Koninklijke Philips NV PHG reported third-quarter adjusted EPS of 0.32 euros (or $0.35), missing the consensus of 0.35 euros.

6 weeks ago - Benzinga

China's Weak Economy Is Weighing on Stocks. Philips Is the Latest to Suffer.

It's a reminder of how sluggish demand in the world's second-largest economy could cause problems for the likes of Starbucks and Marriott.

6 weeks ago - Barrons

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

6 weeks ago - Market Watch

'We need to adjust to a new speed of growth in China,' Philips CEO says

Roy Jakobs, CEO of Philips, discusses the health care device maker's third-quarter results.

6 weeks ago - CNBC International TV