Shares of Philips N.V. dipped over 12% in the afternoon trading on Wednesday after the company disclosed disappointing financial results for the closing quarter of fiscal 2024.Namely, its sales in the reported trimester stood at €5 billion, virtually unchanged from the same period a year prior. However,...
Philips N.V. unveiled on Wednesday that its sales in the fourth quarter of fiscal 2024 came in at €5 billion, virtually unchanged from a year prior. Net loss stood at €333 million, a significant drop from a net income of €38 million registered in the same trimester of 2023. Diluted loss per share was at €0.36,...
During this week, a slew of companies from across the globe are expected to release their latest quarterly results, with Chinese giants in the center of happenings.Alibaba, which surged over 68% on an annual basis, is to unveil its financial report on February 20, with analysts seeing the company's...
Shares of Philips N.V., listed on Euronext Amsterdam, plunged by over 14% during Monday's trading session after the company revealed that its sales in the third quarter of fiscal 2024 fell short of analysts' expectations.Namely, Philips' sales in the reported trimester dropped by 2% year-over-year to...
Philips N.V. announced on Monday its sales for the third quarter of fiscal 2024 fell by 2% on an annual basis, landing at €4.4 billion.Meanwhile, net income surged to €181 million in the reported quarter, compared to a net income of €90 million registered in the same timeframe in 2023, while...
Shares of Philips N.V., listed on Euronext Amsterdam, climbed by over 10% in early trading on Monday after the company released its second-quarter financial results.Namely, Philips revealed that its sales in the second trimester of 2024 increased by 2% year-over-year to land at €4.5 billion....
Shares of Philips N.V. jumped over 30% during the trading session on Monday after the company released its first-quarter financial results.The Dutch health technology company said it expects its comparable sales growth to rise between 3% and 5% in 2024, although its sales declined 1% in the first...
Philips N.V. announced on Monday its sales for the first trimester of fiscal 2024 dipped 1% on an annual basis, amounting to €4.1 billion.In the meantime, net loss dropped to €998 million in the reported quarter, compared to a net loss of €665 million registered in the same timeframe in 2023,...
Shares of Philips surged more than 7% on Wednesday after the Dutch company announced it reached a deal with the United States Department of Justice (DoJ) and the US Food and Drug Administration (FDA) on Philips Respironics' business operations in the US.Under the agreement, Philips will not...
Dutch electronics company Philips N.V. said on Monday its sales in the fourth quarter of 2023 amounted to €5.1 billion, declining 7% compared to the same period a year earlier. Comparable sales growth stood at a negative 1% in the three-month period.
Net income reached €38 million, or €0.04 per...
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