Philips: Q1 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Monday reported a loss of $1.08 billion in its first quarter.

The Amsterdam-based company said it had a loss of $1.19 per share. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.

The medical imaging equipment maker posted revenue of $4.49 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHG at https://www.zacks.com/ap/PHG

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up