Koninklijke Philips N.V. (PHG)
Market Cap | 18.65B |
Revenue (ttm) | 20.19B |
Net Income (ttm) | -517.78M |
Shares Out | 906.40M |
EPS (ttm) | -0.55 |
PE Ratio | n/a |
Forward PE | 12.89 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 214,178 |
Open | 20.72 |
Previous Close | 20.97 |
Day's Range | 20.58 - 20.72 |
52-Week Range | 17.75 - 24.27 |
Beta | 0.78 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Apr 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]
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 StatementsNews
Philips announces terms of US government deal on sleep apnea machines
Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea machines, sending shares in the Dutch health technology firm up almost 3% on Wedn...
Philips shares climb after finalizing pact with U.S. over device sales
Philips reiterated its financial outlook on Wednesday after finalizing a consent degree with the U.S. Department of Justice and Food and Drug Administration that will prevent it from selling new respi...
Philips Reaches Final Pact With U.S. Govt. on Ventilator Recall
Philips said it reached a final agreement with the U.S. Justice Department and Food and Drug Administration on terms of a settlement related its Respironics ventilators, and backed its medium-term gui...
Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward
April 10, 2024 Philips confirms that further to communicating the main terms of the Philips Respironics consent decree on January 29, 2024, Philips' subsidiaries Philips Holding USA and Philips Respir...
US federal court orders to restrict production of Philips' sleep apnea devices
A U.S. federal court issued a decree to restrict the production and sale of Philips' new sleep apnea machines at several facilities in the country, the Food and Drug Administration said on Tuesday.
Philips Foundation and March of Dimes partner to improve prenatal care access in underserved communities, helping address US maternal and infant health challenges
April 4, 2024 Mom & Baby Mobile Health Centers offering ultrasound screenings to expectant moms in Phoenix, Tucson, and Washington, DC
Philips Norelco Taps Actor Adam Scott for New Campaign
Campaign encourages shavers and groomers to embrace personal growth and shape their true selves with Philips Norelco CAMBRIDGE, Mass. , April 2, 2024 /PRNewswire/ -- Royal Philips (NYSE: PHG, AEX: ...
Philips convenes the Annual General Meeting of Shareholders 2024
March 22, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced it has convened the Annual General Meeting of Shareholders (AGM) 2024 and published the agenda with ex...
Philips looks to AI as seeks to turn the page on defective respirators
Medical device manufacturer Philips is betting on innovation as artificial intelligence (AI) transforms the health care industry, its chief executive told AFP in an interview on Tuesday, as the compan...
Leading in health technology innovation: Philips one of the top patent applicants at European Patent Office
March 19, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it is one of the leading patent applicants at the Europe...
Philips Sonicare Encourages Life-Long Healthy Habits with New Power Toothbrush for Kids
Playfully designed Philips One for Kids helps kids ages 3 and up make good brushing habits easy CAMBRIDGE, Mass. , March 12, 2024 /PRNewswire/ -- Philips Sonicare launches Philips One for Kids to help...
Health technology leader Philips recognized as Clarivate Top 100 Global Innovator
March 6, 2024 Company's innovative products and solutions improved the lives of 1.9 billion people in 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health ...
Bringing confident diagnosis to more patients at low cost: Philips launches new AI-enabled CT 5300 at #ECR2024
February 29, 2024 New CT 5300 system provides more accurate and reliable imaging results to better manage increase in complex cardiac cases where precise patient diagnosis is crucial Philips' latest i...
Philips extends leadership in virtually helium-free MRI with more than 1,000 systems installed, expanding patient access worldwide
February 28, 2024 At #ECR2024, company also debuting Europe's first mobile virtually helium-free MRI system Amsterdam, the Netherlands and Vienna, Austria – Royal Philips (NYSE: PHG, AEX: PHIA), a glo...
Charlotte Hanneman to succeed Abhijit Bhattacharya as Philips' Chief Financial Officer (CFO)
February 28, 2024 Proposal to appoint Ms. Hanneman as member of Philips' Board of Management fulfilling the role of CFO per October 1, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX...
Philips CEO on the future of healthcare
Philips is on the cutting edge of healthcare innovation with a wide range of medical devices and products. Roy Jakobs, CEO, Royal Philips, joined TheStreet to discuss which Philips products he's most ...
Philips launches new Azurion neuro biplane system at #ECR2024 to speed up and improve minimally invasive diagnosis and treatment of neurovascular patients
February 27, 2024 New image-guided therapy system is a complete interventional solution for confident diagnosis, image guidance, and therapy assessment of patients with stroke or other neurovascular d...
Rotech says third-party hacked partner Philips Respironics
Rotech Healthcare said on Friday it was reviewing a list of patients who may have been impacted due to a cybersecurity breach experienced by its partner Philips' Respironics unit.
Philips delivers strong ESG performance in 2023
February 20, 2024 1.88 billion lives improved by Philips' health technology products and services; on track to improve 2 billion lives by 2025 Through its industry leading innovations and partnerships...
Philips publishes its Annual Report 2023
February 20, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2023. Philips' Annual Report 2023 will be o...
Philips proposes to re-appoint Chairman Feike Sijbesma and Peter Löscher and nominates Benoît Ribadeau-Dumas as member of the Supervisory Board
February 20, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it proposes to re-appoint Chairman Feike Sijbesma and Pe...
US FDA classifies Philips' recall of imaging machines as most serious
The U.S. FDA said on Thursday it has classified a recall of Philips' medical imaging machines as most serious due to the risk of a detector falling unexpectedly in some devices.
US FDA says 561 deaths related to Philips machines since 2021
The U.S. Food and Drug Administration said on Wednesday there have been 561 deaths reported since 2021 related to the use of Philips' recalled ventilators and machines for treating obstructive sleep a...
New Philips Mini TEE ultrasound transducer helps improve cardiac care for more patients
January 31, 2023 Latest innovation has the potential to reduce anesthesia during minimally invasive procedures [1] As a pioneer and leading innovator in cardiac ultrasound, Philips has developed the s...
Philips to halt sales of sleep apnea machines in US after global 2021 recall
675 personal injury lawsuits have been filed against Philips over the recalled devices.