Philips: 4Q Earnings Snapshot
AMSTERDAM (AP) _ Koninklijke Philips NV (PHG) on Tuesday reported profit of $615.8 million in its fourth quarter.
On a per-share basis, the Amsterdam-based company said it had net income of 69 cents. Earnings, adjusted for one-time gains and costs, came to 92 cents per share.
The medical imaging equipment maker posted revenue of $6.6 billion in the period.
For the year, the company reported profit of $1.31 billion, or $1.43 per share. Revenue was reported as $21.82 billion.
Philips shares have declined slightly since the beginning of the year. The stock has climbed 31% in the last 12 months.