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2023-11-01 08:49:40 ET Summary GE HealthCare's Q3 2023 financial results showed a 5% increase in revenue and a 90 basis point increase in gross margin. The company raised the low end of its Adj EPS guidance for 2023. GE HealthCare is facing challenges in China but is still per...
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, Kenya – Philips Foundation, with its mission to provide access to quality he...
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 outcomes analysis of 42,000 patients from the National Swedeheart Quality Registry ...
2023-10-25 18:06:52 ET Summary Philips N.V. has been grappling with a significant setback due to the Respironics device recall, which has had widespread consequences both in terms of financial damage and reputation. Despite these challenges, Philips demonstrated a strong financial...
2023-10-23 12:29:10 ET Koninklijke Philips N.V (PHG) Q3 2023 Earnings Call Transcript October 23, 2023 04:00 AM ET Company Participants Leandro Mazzoni - Head of IR Roy Jakobs - CEO Abhijit Bhattacharya - CFO Conference Call Participants Hassan Al-Wak...
2023-10-23 01:04:59 ET Philips ( NYSE: PHG ) has raised its FY23 outlook and reported Q3 results . Q3 Non-GAAP EPS of €0.33. Revenue of €4.47B (+4.0% Y/Y). Comparable sales increased by 11%, driven by growth in all business segments. Adjusted...
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 2022 Adjusted EBITA increased to EUR 457 million, or 10.2% of sales, compar...
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 (NYSE: PHG, AEX: PHIA), a global leader in health technology, today an...
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: PHG, AEX: PHIA), a global leader in health technology, today ann...
2023-10-12 00:10:51 ET Summary Exor recently entered Philips with a 15% equity stake (and optionality to arrive at 20%). PHG agrees to conduct additional testing and notes ongoing communication and cooperation with the FDA. Here at the Lab, we estimate at least €3 billion i...
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July 17, 2024 Patient monitoring platform to deliver tools and time to help patients across 40+ care sites Amsterdam, the Netherlands, and Cincinnati, Ohio – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and Bon Secours Mercy Health ...
July 3, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the appointment of Ms Ling Liu as the Chief Region Leader of Philips Greater China, effective immediately. Ms Liu is now a member of Philips...
June 19, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 4,437,164 of its shares. The cancelled shares were acquired as part of the completed EUR 1.5 billion share repurchase program for capita...