Royal Philips NV Sponsored ADR Stock News

Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) has appointed Alan Huang, formerly of Philips Healthcare, as the firm's new sales vice president. Having served at Philips for 12 years and as its MRI business units' North American head most recently, Huang joins Polaren following over a year of collaboration between the two firms.

Dublin, Sept. 02, 2024 (GLOBE NEWSWIRE) -- The "Vertical Farming Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The vertical farming market is estimated to grow from US$9.742 billion in 2024 to US$18.690 billion in 2029 at 13.92% (CAGR). The increasing need for food to feed the population will increase the demand for vertical farming since it i...

August 13, 2024 Amsterdam, The Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Isala hospital (Zwolle, The Netherlands) have renewed their long-term strategic partnership to enhance healthcare delivery through innovative and cost-effective solutions. This collaboration aims to ensure healthcare remains accessible, available, and affordable by levera...

August 5, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase shares for an amount of up to EUR 125 million to cover certain of its obligations arising from its long-term incentive plans. At the current share price, this represents a total of approximately 4.8 million shares.

We recap the Q2 earnings report from Philips highlighted by comparable sales growth and a rebound in new orders. The company is settling litigation related to the global safety recall of its defective respiratory sleep apnea products. Improving financials and declining uncertainties support a positive outlook for the stock.

Koninklijke Philips N.V. (NYSE:PHG ) Q2 2024 Earnings Conference Call July 29, 2024 4:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer Abhijit Bhattacharya - Chief Financial Officer Conference Call Participants Hassan Al-Wakeel - Barclays Richard Felton - Goldman Sachs David Adlington - JPMorgan Veronika Dubajova - Citi Hugo Solvet ...

Philips Healthcare beat earnings this morning, reporting $0.52 per share in profit. Sales growth was slow, but Philips promised improvement later in the year.

American depositary receipts (ADRs) of Koninklijke Philips (PHG) jumped Monday after it reporting second-quarter earnings that saw comparable sales increase year-over-year as solid demand in the rest of the world offset a sales drop in China.