Royal Philips

Koninklijke Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Diagnosis and Treatment businesses; Connected Care businesses; Personal Health businesses; and Other. The Diagnosis and Treatment businesses segment consists systems, smart devices, software and services, powered by AI-enabled informatics-that support precision diagnoses and minimally invasive procedures in therapeutic areas such as cardiology, peripheral vascular, neurology, surgery, and oncology. The Connected Care businesses segment consists Hospital Patient Monitoring, Emergency Care, Sleep & Respiratory Care and Connected Care Informatics. The Personal Health businesses segment consists of Oral Healthcare, Personal Care,Mother and Child Care. The Other segment reports on the items Innovation & Strategy, IP Royalties, Central costs, and other small items. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.

Earnings data Q1 2021

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Koninklijke Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Diagnosis and Treatment; Connected Care; Personal Health; and Other. The Diagnosis and Treatment segment consists of systems, smart devices, software, and services, powered by AI-enabled solutions that support precision diagnoses and minimally invasive treatment in therapeutic areas such as cardiology, peripheral vascular, neurology, surgery, and oncology. The Connected Care segment focuses on Hospital Patient Monitoring, Sleep and Respiratory Care, and Enterprise Informatics. The Personal Health segment represents Oral Healthcare business unit, Personal Care business unit, and Mother and Child Care business unit. The Other segment is involved on the Innovation and Strategy, IP Royalties, Central costs, and other small items. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.

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Koninklijke Philips' (PHG) Q1 top- and bottom-line results reflect negative impact of supply chain constraints and consequences of the Respironics field action.

Philips' (PHG) Q1 Earnings Down Y/Y on Supply Chain Constraints

Koninklijke Philips N.V. (NYSE:PHG ) Q1 2022 Earnings Conference Call April 25, 2022 4:00 AM ET CompanyParticipants Leandro Mazzoni - Head of Investor Relations Frans van Houten - Chairman & Chief Executive Officer Abhijit Bhattacharya - Executive Vice President & Chief Financial Officer Conference Call Participants Hassan Al-Wakeel - Barclays Veronika Dubajova - Goldman Sachs David Adlington - JPMorgan Julien Dormois - BNP Paribas Graham Doyle - UBS Delphine Le Louet - Societe General James Vane-Tempest - Jefferies Kate Kalashnikova - Citi Sezgi Oezener - HSBC Falko Friedrichs - Deutsche Bank Max Yates - Crédit Suisse Operator Welcome to the Royal Philips First Quarter 2022 Results Conference Call on Monday, April 25, 2022.

Koninklijke Philips N.V. (PHG) CEO Frans van Houten on Q1 2022 Results - Earnings Call Transcript

Koninklijke Philips NV (NYSE: PHG) shares are trading lower by 12.16% at $26.65 after the company reported first-quarter financial results. Among the highlights from the first quarter, Koninklijke Philips highlighted: Group sales amounted to EUR 3.9 billion, with a 4% comparable sales decline on.

Why Koninklijke Philips Shares Are Falling

Koninklijke Philips NV stock (AMS: PHIA) is down more than 10% on Monday after the health-technology company reported a net loss for its fiscal first quarter. Notable figures in Philips Q1 earnings report Lost €151 million ($162 million) versus the year-ago figure of €39 million profit.

Philips stock opened 10% down on Monday: explained here

Philips on Monday reported net losses of over 150 million euros in the first quarter of 2022 as the Dutch health technology firm battled a faulty respirator recall and supply chain problems.

Philips take hit by supply problems, respirator recall

Dutch health technology company Philips on Monday said first-quarter core profit dropped about a third from a year prior to 243 million euros ($261.8 million), hit by an ongoing global shortage of parts and a massive recall of ventilators.

Philips Q1 core profit plunges as supply chain problems continue

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Philips Respironics issues voluntary recall notification/field safety notice* for the V60 ventilator product family

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Philips signs long-term strategic partnership with Oulu University Hospital Finland to deliver advanced image-guided specialist care

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Philips (PHG) launches two major cardiological innovations at ACC 2022, adding strength and depth to its existing healthcare portfolio.

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Philips showcases new innovations in the treatment of heart rhythm disorders at EHRA 2022

Philips adds to its cardiology suite of solutions at ACC 2022 with innovations to help improve patient outcomes, experiences, and care pathway effectiveness

Philips enables seamless echocardiography workflows with the launch of Ultrasound Workspace at ACC 2022

Philips Image Guided Therapy System – Azurion – with Ambient Experience and FlexVision display helps reduce patient anxiety during interventional procedures

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Philips' (PHG) Lung Suite 3D Imaging Solution Gains Traction

Philips expands network of clinical partners to set new standard of care for the early diagnosis and treatment of lung cancer

Philips convenes the Annual General Meeting of Shareholders 2022

Philips (PHG) collaborates with Nuvo to develop maternity care services with digital solutions and eco-system building in rural areas

Philips (PHG) Ties Up With Nuvo Group to Boost Maternal Care

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News for Royal Philips Stock (PHG)