PHG Stock Recent News

SEATTLE--(BUSINESS WIRE)--Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, has selected AWS as its preferred cloud provider to advance its business transformation and deliver secure and innovative healthcare informatics solutions globally. Philips' cloud-first, AI-enabled approach is improving the company's ability to deliver better care for more people, providing faster.

Philips expands cloud-based imaging in Europe, enhancing AI-driven workflows, collaboration and efficiency in radiology.

February 27, 2025 Accelerating cloud adoption across Europe with Philips HealthSuite Imaging cloud services on Amazon Web Services Amsterdam, The Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, announced today the expansion of its cloud-based radiology informatics solutions to Europe, including exploring the use of generative AI to enhance radiology reporting. After the successful migration of over 150 sites in North and Latin America to HealthSuite Imaging on Amazon Web Services (AWS), Philips will offer these innovative cloud services across Europe [1, 2].

February 26, 2025 Philips integrates advanced AI algorithms into its MRI systems, featuring Dual AI-driven engines in SmartSpeed Precise [1] to enable faster scanning Innovations include the latest AI-enabled MR Workspace software to enhance patient throughput, reduce scan times, and improve image quality—leading to more accurate diagnoses, shorter wait times, and reduced backlogs for MRI scans The latest technology is available across Philips' 1.5T and 3.0T MRI scanners [2], including the latest helium-free 1.5T high-performance BlueSeal wide-bore system [3,4], supporting healthcare providers worldwide Amsterdam, The Netherlands and Vienna, Austria – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, strengthens its MRI leadership with the launch of SmartSpeed Precise [1], powered by Dual-AI engines. Building on its award-winning [5] Compressed SENSE and SmartSpeed technologies, this next-generation solution delivers faster scans with higher image quality.

Versuni, a producer of consumer electronics and small appliances, enrolled award-winning digital product development company Infinum to create an innovative, one-stop IoT platform and recipe hub for Philips home appliance users. Zagreb, Croatia--(Newsfile Corp. - February 25, 2025) -  Tech consultancy Infinum and Versuni, a consumer electronics and small appliance producer, partnered to create HomeID - an innovative IoT platform for Philips appliances that is both a device companion app and a community hub.

February 21, 2025 Amsterdam, the Netherlands –  Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2024. Philips' Annual Report 2024 will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 8, 2025.

February 21, 2025 Integrating advanced data analytics into clinical practice to improve patient care Amsterdam, The Netherlands and Cambridge, MA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Mass General Brigham (MGB), home to one of the largest hospital system-based research enterprises in the US, today announced a new collaboration to develop and deploy advanced data infrastructure and AI designed to integrate and process live healthcare data from a wide range of sources to improve patient care. Today, healthcare providers often rely on disparate data sources, including static Electronic Medical Record (EMR) data, clinical notes, and isolated device alarms.

PHG's fourth-quarter results reflect a decline in sales and earnings due to weaker demand in China, leading to lowered 2025 guidance and a cautious outlook.

Koninklijke Philips N.V. (NYSE:PHG ) Q4 2024 Earnings Call Transcript February 19, 2025 3:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer Charlotte Hanneman - CFO Conference Call Participants Richard Felton - Goldman Sachs David Adlington - JP Morgan Hassan Al-Wakeel - Barclays Julien Dormois - Jefferies Lisa Clive - Bernstein Robert Davies - Morgan Stanley Graham Doyle - UBS Hugo Solvet - BNP Paribas Exane Giang Nguyen - Citi Julien Ouaddour - Bank of America Wim Gille - ABN AMRO ODDO Operator Welcome to The Royal Philips' Fourth Quarter and Full Year 2024 Results Conference Call on Wednesday, February 19, 2025.

Roy Jakobs, Royal Philips CEO, joins CNBC's 'Money Movers' to discuss the company's most recent earnings.