Why Koninklijke Philips Shares Are Falling

11:45am, Monday, 25'th Apr 2022
Koninklijke Philips NV (NYSE: PHG) shares are trading lower by 12.16% at $26.65 after the company reported first-quarter financial results. Among the highlights from the first quarter, Koninklijke Phi
Koninklijke Philips NV stock (AMS: PHIA) is down more than 10% on Monday after the health-technology company reported a net loss for its fiscal first quarter. Notable figures in Philips Q1 earnings re
Philips on Monday reported net losses of over 150 million euros in the first quarter of 2022 as the Dutch health technology firm battled a faulty respirator recall and supply chain problems.
April 25, 2022 First-quarter highlights
Dutch health technology company Philips on Monday said first-quarter core profit dropped about a third from a year prior to 243 million euros ($261.8 million), hit by an ongoing global shortage of par

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