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Palantir Earnings Review, Royal Philips CEO: Market Domination
Lower Demand In China Disrupts Philips Q1 Sales, Cuts 2025 Profitability Target On Potential Tariff Impact
Koninklijke Philips N.V. (PHG) Q1 2025 Earnings Call Transcript Summary
European Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
U.S. stocks movement | Royal Philips fell over 3.5% after lowering its full-year EBITDA profit margin forecast.
On May 6th, in Glonghui, Royal Philips (PHG.US) dropped over 3.5%, trading at $24.735. In terms of news, Philips reported a year-on-year sales decline of 2% to 4.1 billion euros in the first quarter, slightly exceeding expectations. The company reiterated its forecast for sales growth this year to be between 1% and 3%. Additionally, the company expects that US tariffs will have an impact of 0.25 billion to 0.3 billion euros, and has revised its full-year EBITDA margin forecast from the previous range of 11.8% to 12.3% down to 10.8% to 11.3%. (Glonghui)
Sector Update: Health Care Stocks Fall Pre-Bell Tuesday
