Sales growth and productivity measures at the health-technology company lifted earnings in the third quarter.
Dutch medical technology company Philips reported third-quarter revenue in line with analysts' expectations un Tuesday, citing a strong performance in North America.
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Investor group European Investors-VEB on Wednesday applied for a court inquiry into Philips over allegations of misleading disclosures and management failures linked to the company's recall of sleep apnea devices.
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Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.
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PHG's second-quarter 2025 earnings and revenues decline year over year, with macro headwinds and tariffs weighing on the stock.
For any countries that have yet to agree a deal, new tariff rates are due to come into effect on Friday, Aug. 1—though such deadlines have proved to be flexible in the past.
Koninklijke Philips N.V. (NYSE:PHG ) Q2 2025 Earnings Conference Call July 29, 2025 3:00 AM ET Company Participants Charlotte Hanneman - Executive VP, CFO & Member of Board of Management Durga Doraisamy - Corporate Participant Roy Jakobs - President, CEO & Chairman of the Board of Management Conference Call Participants David James Adlington - JPMorgan Chase & Co, Research Division Edward Nicholas Ridley-Day - Redburn (Europe) Limited, Research Division Graham Doyle - UBS Investment Bank, Research Division Hassan Al-Wakeel - Barclays Bank PLC, Research Division Hugo Solvet - BNP Paribas Exane, Research Division Julien Dormois - Jefferies LLC, Research Division Richard Felton - Goldman Sachs Group, Inc., Research Division Veronika Dubajova - Citigroup Inc., Research Division Operator Welcome to the Philips' Second Quarter and Semiannual 2025 Results Conference Call on Tuesday, July 29, 2025.