AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Monday reported net income of $719.2 million in its fourth quarter.
On a per-share basis, the Amsterdam-based company said it had profit of 79 cents. Earnings, adjusted for one-time gains and costs, came to $1.12 per share.
The medical imaging equipment maker posted revenue of $7.16 billion in the period.
For the year, the company reported profit of $1.36 billion, or $1.47 per share. Revenue was reported as $22.31 billion.
Philips shares have increased almost 3% since the beginning of the year. The stock has climbed 11% 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
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