Philips reported lower pay for CEO Roy Jakobs and another top executive while disclosing severance for a former CFO.

Koninklijke Philips PHG reported earnings of €0.25 per share in the second quarter of 2025, which decreased from the year-ago ...

Net income fell to €240 million from €452 million in the second quarter of 2024. Income from operations declined to €400 ...

Philips paid a dividend of €0.85 per share for 2024 in the second quarter, with 41.4% paid in cash and the remainder in ...

Philips reported group sales of EUR 4.3 billion for the second quarter of 2025, a 1% increase in comparable sales.

Philips Respironics North America is the seventh-largest employer in Westmoreland County, according to the state Department of Labor & Industry.

In June of 2021, Philips Respironics issued a recall of more than 5-million breathing devices. The company warned a foam, meant to reduce noise, was breaking off and blowing into the mouths of users.

CPAP sleep apnea machine maker Philips Respironics agreed to pay at least $479 million in a settlement over alleged health risks from toxic sound reducing foam, lawyers for the plaintiff announced ...

Philips Respironics, the maker of popular CPAP sleep apnea machines, has agreed to pay $479 million to settle some claims that its devices spewed carcinogenic foam and gas into the mouths of its ...

Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that's rocked the company.

Philips Respironics paid $2.4 million to settle allegations that it gave free masks to sleep labs in an effort to boost prescriptions.