Investing.com - Philips reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Philips announced earnings per share of €0.25 on revenue of €4.30. Analysts polled by Investing.com anticipated EPS of €0.24 on revenue of €4.54B.
Philips shares are down 64.53% from the beginning of the year and are trading at €13.16 , down-from-52-week-high.
Philips shares lost 0.83% in intra-day trade following the report.
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