Philips Reports Q3 Earnings Beat on EPS with Mixed Revenue Results
Koninklijke Philips N.V. reported third-quarter results featuring a Non-GAAP earnings per share of €0.40, exceeding analyst expectations by €0.06. While revenue grew 2.1% year-over-year to €4.39 billion, this figure fell approximately €30 million short of market estimates. The company saw an 8% increase in comparable order intake, largely propelled by strong performance within its Diagnosis & Treatment segment. Additionally, the adjusted EBITA margin improved by 70 basis points. Despite the revenue miss, Philips has reaffirmed its financial outlook for fiscal year 2026.
Tickers: $PHG
Topics: earnings beat order intake growth profitability revenue miss