Philips: Q2 Earnings Snapshot

AMSTERDAM (AP) _ Koninklijke Philips NV (PHG) on Monday reported a loss of $23.4 million in its 2nd quarter.

The Amsterdam-based business stated it had a loss of 2 cents per share.

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Incomes, changed for one-time gains and costs, were 15 cents per share.

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The medical imaging equipment maker published earnings of $4.45 billion in the duration.

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Truist Financial Corp boosted its stake in shares of Koninklijke Philips (NYSE: PHG-- Get Ranking) by 151.8% in the first quarter, HoldingsChannel reports.

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The institutional investor owned 25,708 shares of the innovation business's stock after getting an additional 15,497 shares during the quarter.

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Truist Financial Corp's holdings in Koninklijke Philips were worth $785,000 at the end of the most current quarter.

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Other hedge funds likewise recently bought and sold shares of the company.

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UMB Bank N A MO bought a new position in Koninklijke Philips during the fourth quarter worth about $46,000.

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SRS Capital Advisors Inc. increased its stake in shares of Koninklijke Philips by 77.0% in the fourth quarter.

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