Philips: 4Q Earnings Snapshot

AMSTERDAM (AP) _ Koninklijke Philips NV (PHG) on Tuesday reported profit of $768 million in its fourth quarter.

On a per-share basis, the Amsterdam-based company said it had profit of 82 cents. Earnings, adjusted for one-time gains and costs, came to 87 cents per share.

The medical imaging equipment maker posted revenue of $6.37 billion in the period.

For the year, the company reported profit of $1.29 billion, or $1.37 per share. Revenue was reported as $21.4 billion.

Philips shares have climbed 5 percent since the beginning of the year. The stock has declined 12 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHG at https://www.zacks.com/ap/PHG