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Summary Philips' Sleep & Respiratory Healthcare segment is giving it a major headache. Koninklijke Philips has a past of lacking focus and proper execution. The dividend could be scrapped altogether as cash declines, outlooks have worsened, and debt has increased. ...
October 25, 2022 Philips showcases innovations in its end-to-end stroke care pathway solutions aimed at improving treatment and quality of life for stroke patients Symposium hosted by Philips features leading clinical experts discussing early detection of stroke, new guideli...
Summary Philips reported its Q3 results pressured by ongoing supply chain disruptions and broader macro weakness. An ongoing recall and investigation into the safety of the company's respiratory devices has pressured financials and added to near-term uncertainties. Expect shar...
Koninklijke Philips N.V. (PHG) Q3 2022 Earnings Conference Call October 24, 2022 4:00 A.M. ET Company Participants Leandro Mazzoni - Head, Investor Relations Roy Jakobs - Chief Executive Officer Abhijit Bhattacharya - Chief Financial Officer Conference Call...
Despite a wave of selling in China and trepidation ahead of megacap earnings later this week, the futures are pointing to a higher open on Monday, adding to sharp gains posted at the end of last week. Here are some stocks to watch for Monday: Tesla ( TSLA ) lost ground in premarke...
Just days after stepping into his new role as CEO of Royal Philips ( NYSE: PHG ) Roy Jakobs on Monday said that the company was cutting about 4,000 jobs globally as it tries to save cost amid a recall of its medical recall. Jakobs issued the news along with reportin...
Philips press release ( NYSE: PHG ): Q3 Non-GAAP EPS of €0.25 beats by €0.16 . Revenue of €4.3B (+3.4% Y/Y) misses by €60M , with a 5% comparable sales decline, in line with the update provided on October 12, 2022. Comparab...
October 24, 2022 Highlights Group sales amounted to EUR 4.3 billion, with a 5% comparable sales decline, in line with the update provided on October 12, 2022 Comparable order intake decreased 6% on the back of 47% growth in Q3 2021 Income from operations amounted to ...
October 20, 2022 FDA 510(k) clearance for AI-enabled Philips MR for Calculating Attenuation (MRCAT) Head and Neck radiotherapy application expands range of MR-only workflows MacroMedics’ positioning mask system [1] now compatible with Philips MR Head Neck Coil, help...
WILMINGTON, Del., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Today, InterDigital, Inc. (NASDAQ: IDCC) announced a collaboration with Royal Philips (NYSE: PHG, AEX: PHIA) to jointly develop MPEG Visual Volumetric Video-based Coding (V3C) immersive codecs to the benefit of telepresence and XR-driven e...
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Earnings reports and a dovish stance from the Federal Reserve lifted stocks last week. Major indices reacted positively, particularly to ...
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 0.1% on Monday. The Dow traded up 0.19% to 38,313.56 ...
Shares of Clever Leaves Holdings Inc. (NASDAQ:CLVR) fell sharply during Monday's session after the company announced that it will voluntarily ...