Koninklijke Philips N.V. (PHG)

NYSE: PHG · IEX Real-Time Price · USD
-0.57 (-2.70%)
Nov 29, 2023, 11:22 AM EST - Market open
Market Cap 18.85B
Revenue (ttm) 18.96B
Net Income (ttm) -1.71B
Shares Out 915.99M
EPS (ttm) -2.00
PE Ratio n/a
Forward PE 15.06
Dividend n/a
Ex-Dividend Date n/a
Volume 814,572
Open 20.50
Previous Close 21.15
Day's Range 20.36 - 20.70
52-Week Range 12.96 - 23.30
Beta 0.80
Analysts n/a
Price Target n/a
Earnings Date Oct 23, 2023

About PHG

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. It operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. The company 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 focused on... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1891
Employees 77,233
Stock Exchange NYSE
Ticker Symbol PHG
Full Company Profile

Financial Performance

Financial numbers in EUR Financial Statements


Philips stock slumps after new FDA warning

Shares in Dutch medical device manufacturer Philips plunged Wednesday after the US Food and Drug Administration warned that its new machine to help patients sleep risked overheating.

50 minutes ago - TechXplore

Research from Philips and Vanderbilt shows how decarbonizing healthcare also helps to reduce cost

November 29, 2023 Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, and Vanderbilt University Medical Center (VUMC), home to top-...

2 hours ago - GlobeNewsWire

Philips Stock Falls Nearly 5% After FDA Issues Safety Warning About Its Sleep Apnea Machines

The FDA warned that Philips Sleep Apnea machines should be closely monitored for signs of overheating.

3 hours ago - Forbes

Philips shares slump as FDA says sleep product may overheat

Phillips shares fell sharply Wednesday as the Food and Drug Administration said there's an emerging safety issue involving its product for sleep apnea.

6 hours ago - Market Watch

US FDA cautions on use of Philips' sleep apnea machines

The U.S. Food and Drug Administration said on Tuesday that it is alerting patients about a safety issue with Dutch healthcare technology company Philips' machines used for treatment of obstructive sle...

17 hours ago - Reuters

Philips launches ultra lightweight and flexible MR Smart Fit coils to improve radiology productivity and diagnostic confidence at #RSNA23

November 28, 2023 Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today launched three new fit for purpose MR Smart Fit coils ...

1 day ago - GlobeNewsWire

Philips improves workflow and efficiency with next generation ultrasound systems EPIQ Elite and Affiniti at #RSNA23

November 27, 2023 Improved imaging and advanced tools drive standardized workflow efficiency across multiple specialties Shared common interface and transducers let users move effortlessly between ult...

2 days ago - GlobeNewsWire

Philips showcases world's first mobile MRI system with helium-free operations at #RSNA23

November 26, 2023 BlueSeal MR Mobile's unique magnet technology advances patient outcomes and access to care with high quality diagnostic imaging and enhanced workflows Amsterdam, the Netherlands and ...

3 days ago - GlobeNewsWire

Philips launches new-AI enabled innovations at #RSNA23 that free up healthcare providers to focus on patient care

November 26, 2023 New innovations help hospitals and health systems to consistently deliver accessible, high-quality care to patients in a sustainable way Amsterdam, the Netherlands and Chicago, USA –...

3 days ago - GlobeNewsWire

NYU Langone Health to adopt new Philips health technology solutions in multi-year partnership directed at patient safety, quality and outcomes

November 16, 2023 To unlock patient data for precision diagnosis and treatment, the new partnership includes digital pathology, clinical informatics, and innovative AI-enabled diagnostics with an ente...

13 days ago - GlobeNewsWire

Philips program developing AI-powered ultrasound to expand access to maternal health receives major funding boost

November 7, 2023 Total investment from the Bill & Melinda Gates Foundation reaches USD 60 million, accelerating expansion of new AI-guided ultrasound capabilities on Philips Lumify Handheld Ultrasound...

22 days ago - GlobeNewsWire

E Ink's Customer PPDS Launches First 32-inch Philips Tableaux ePaper Display Using E Ink Spectra™ 6

BILLERICA, Mass.--(BUSINESS WIRE)--E Ink (8069.TWO), the originator, pioneer, and global commercial leader in ePaper technology, announced today that their customer, PPDS, announced the latest evoluti...

27 days ago - Business Wire

Philips and County Durham and Darlington NHS Foundation Trust collaborate on a sustainability blueprint to reduce carbon emissions and waste

November 2, 2023 Amsterdam, the Netherlands and Farnborough, UK – Royal Philips  (NYSE: PHG, AEX: PHIA), a global leader in health technology and County Durham and Darlington NHS Foundation Trust (CDD...

27 days ago - GlobeNewsWire

Philips Foundation marks five years of improving access to maternal care in Sub-Saharan Africa and sets out future plans

November 1, 2023 Reaching 15 million people in the region in 2022 alone [1], the foundation sets out plans to ramp up collaboration with social entrepreneurs Amsterdam, the Netherlands and Nairobi, Ke...

4 weeks ago - GlobeNewsWire

iFR and FFR are equally safe to diagnose and treat heart disease according to largest-ever analysis of new real-world, long-term data

October 26, 2023 Safety of Philips' iFR in the guidance of percutaneous coronary intervention (PCI) for heart disease demonstrated in late-breaking science at TCT 2023 highlighting patient-level outco...

4 weeks ago - GlobeNewsWire

Philips' Profit Rises After Simplifying Operations and Shoring Up Its Supply Chains

American depositary receipts (ADRs) of Philips (PHG) advanced as the health technology firm posted better-than-expected results and raised its outlook on improved operational performance.

5 weeks ago - Investopedia

Royal Philips CEO: We see a strengthening of consumer demand and a upping of confidence

Royal Philips CEO Roy Jakobs joins 'Squawk on the Street' to discuss whether Jakobs is seeing a change in global consumer demand, which markets have shown strength, and what has accounted for this str...

5 weeks ago - CNBC Television

Philips raises outlook despite sleep machine saga

Dutch medical device maker Philips raised its 2023 earnings outlook on Monday after posting stronger third quarter sales and profits despite a recent setback for its sleep machines in the United State...

5 weeks ago - TechXplore

Philips CEO: China is having a tough time, but it has 'very bright' prospects

Philips CEO Roy Jakobs discusses the company's third-quarter results and the outlook for China.

5 weeks ago - CNBC International TV

Dutch health tech company Philips raises outlook as Q3 profit jumps

Dutch health technology company Philips on Monday raised its full-year outlook as it beat analyst expectations with a more than doubling of third-quarter core profit to 457 million euros ($483.3 milli...

5 weeks ago - Reuters

Philips delivers strong sales growth, profitability and cash flow; raises full-year outlook

October 23, 2023 Third-quarter highlights Group sales increased 11% on a comparable basis to EUR 4.5 billion Income from operations at EUR 224 million, compared to a loss of EUR 1,529 million in Q3 20...

5 weeks ago - GlobeNewsWire

Philips ranks #1 in ‘Health Care Equipment & Services' sector on Forbes' 2023 ‘World's Best Employers' List

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that once again, the company earned a spot on Forbes' 2023 “World's Best ...

5 weeks ago - Business Wire

Philips supports Tampere Heart Hospital in Finland to decarbonize its clinical operations

October 19, 2023 Sustainability roadmap addresses opportunities to reduce carbon emissions in patient throughput, technology use, and use of consumables Amsterdam, the Netherlands – Royal Philips (NYS...

5 weeks ago - GlobeNewsWire

Philips Visual Patient Avatar pioneers at-a-glance patient data for faster, better decision-making in the operating room

October 13, 2023 Animations, colors, and shapes help to improve poor situational awareness, which is responsible for 81.5% of anesthesia-related errors Amsterdam, the Netherlands – Royal Philips (NYSE...

6 weeks ago - GlobeNewsWire

Philips and World Stroke Organization partner to improve access to high-quality stroke care

October 10, 2023 Two-year partnership focused on advocacy, education, and raising awareness of stroke as a global healthcare challenge Philips' leadership in the rapid end-to-end treatment of stroke h...

7 weeks ago - GlobeNewsWire