Philips posts Q2 beat boosted by its restructuring plan
Philips reported second-quarter results that beat analysts' expectations on Monday, boosted by higher earnings and the implementation of its restructuring program.
Philips delivers strong order intake growth in the second quarter, margin improvement and sales growth; reiterates full-year outlook
July 29, 2024 Second-quarter highlights Group sales amounted to EUR 4.5 billion, with comparable sales growth of 2% Comparable order intake increased by 9% Income from operations EUR 816 million, i...
Bon Secours Mercy Health and Philips sign multi-year strategic collaboration
July 17, 2024 Patient monitoring platform to deliver tools and time to help patients across 40+ care sites Amsterdam, the Netherlands, and Cincinnati, Ohio – Royal Philips (NYSE: PHG, AEX: PHIA), a...
Philips (PHG) Gains Despite Recall of SENSE XL Torso Coils
Philips (PHG) issues an urgent recall of SENSE XL Torso coils (1.5T and 3.0T) due to heating risks during MRI scans.
Mayo Clinic and Philips to Keynote at Advanced Manufacturing Minneapolis, Addressing Medical Technological Development
Advanced Manufacturing Minneapolis, now open for registration, will discuss and shape the future of the region's manufacturing landscape MINNEAPOLIS, MN / ACCESSWIRE / July 11, 2024 / Advanced Manu...
Philips appoints Ling Liu as Chief Region Leader of Philips Greater China
July 3, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the appointment of Ms Ling Liu as the Chief Region Leader of Ph...
Philips completes cancellation of 4.4 million shares
June 19, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 4,437,164 of its shares. The cancelled shares were acquired...
88% of US Healthcare Leaders say the use of automation for repetitive tasks is critical for addressing staff shortages in new Philips Future Health...
CAMBRIDGE, Mass.--(BUSINESS WIRE)--The Future Health Index (FHI) survey conducted by Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, explores the ongoing staffing and ac...
Future Health Index 2024 global report: Healthcare leaders turn to AI to address critical gaps in patient care
June 18, 2024 Healthcare leaders indicate automation is crucial in addressing staff shortages, but staff remain skeptical Interest in Generative AI grows, with majority of health leaders investing ...
Philips (PHG) Boosts Precision Diagnosis With AI Platform
Philips (PHG) boosts its Precision Diagnosis portfolio with an AI-powered ultrasound platform, strengthening its Diagnosis & Treatment segment.
Philips successfully prices offering of Notes for EUR 700 million to be used for repayment of existing debt
May 23, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its offering of EUR 700 million fixe...
Philips (PHG) Strengthens Patient Monitoring Services in Spain
Philips (PHG) announces the wide availability of its ambulatory cardiac monitoring service in Spain, boosting its patient monitoring solutions portfolio.
Martingale Risk – Philips Shareholders Group Action to be Filed in the Netherlands
LONDON--(BUSINESS WIRE)--Martingale Risk, a specialist in global securities loss recovery, is originating a group action in the Netherlands against Philips on behalf of institutional investors, tog...
Philips ePatch and AI analytics platform rolled out to 14 hospitals across Spain to monitor heart patients
May 22, 2024 Philips wearable ePatch and AI analytics platform help detect potentially life-threatening irregular heartbeats The solution helps University Hospital Vall d'Hebron achieve reduced ave...
Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions
May 17, 2024 Three studies demonstrate how Philips MCOT wearable ambulatory monitoring ECG and proprietary AI models applied to ECG digital biomarkers can help to improve diagnosis, reduce readmiss...
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