Philips: Q4 Earnings Snapshot

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AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Monday reported earnings of $42 million in its fourth quarter.

On a per-share basis, the Amsterdam-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The medical imaging equipment maker posted revenue of $5.45 billion in the period.

For the year, the company reported a loss of $504.3 million, or 55 cents per share. Revenue was reported as $19.66 billion.

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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

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