Philips Q2 Earnings: A Focus On Core Strengths Is The Winning Strategy

Consensus Revenue Estimates Nevertheless, management cited a strong performance across all business units from diversified revenue streams including software, services, devices, and consumables. By segment, Diagnosis & Treatment comparable sales grew 4% y/y, followed by a 2% increase from Connected Care and the Personal Health groups. Shares of Koninklijke Philips N.V. (NYSE:PHG) surged following a strong second quarter earnings report highlighted by momentum in comparable sales and expanding profitability ...