Koninklijke Philips N.V. (PHG)
| 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]
News
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.
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-...
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.
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.
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...
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 ...
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...
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 ...
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 –...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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.
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...
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...
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 ...
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...
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...
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...