Philips: Q1 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Tuesday reported earnings of $79.9 million in its first quarter.

The Amsterdam-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 27 cents per share.

The medical imaging equipment maker posted revenue of $4.31 billion in the period.

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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

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