Koninklijke Philips N.V. (PHG)

NYSE: PHG · IEX Real-Time Price · USD
20.58
-0.39 (-1.86%)
Apr 25, 2024, 11:17 AM EDT - Market open
-1.86%
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]

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 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...

15 days ago - Reuters

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...

15 days ago - Market Watch

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...

15 days ago - WSJ

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...

15 days ago - GlobeNewsWire

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.

15 days ago - Reuters

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

21 days ago - GlobeNewsWire

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: ...

23 days ago - PRNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - TechXplore

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - PRNewsWire

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 ...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - The Street

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Reuters

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Reuters

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...

3 months ago - Reuters

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...

3 months ago - GlobeNewsWire

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.

3 months ago - New York Post