The Zhitong Finance App learned that on Tuesday, Philips (PHG.US) rose more than 6% in the premarket to $29.28. According to news, Philips' profit for the third quarter of 2026 was higher than expected, thanks to higher sales and tighter cost controls. According to financial reports, the company's sales were 4.393 billion euros, a nominal increase of 2% and a comparable increase of 3%, slightly lower than market expectations of about 4.41 billion euros; the adjusted diluted earnings per share were 0.40 euros, compared to 0.36 euros in the same period last year. Comparable orders increased 8%, driven by extensive demand in the diagnosis and treatment business; adjusted EBITA was 569 million euros, profit margin 13.0%, an increase of 70 basis points over the previous year, significantly higher than market expectations of 11.9%; operating cash flow was 544 million euros, and free cash flow was 384 million euros, a significant improvement over the previous year.

The Zhitong Finance App learned that on Tuesday, Philips (PHG.US) rose more than 6% in the premarket to $29.28. According to news, Philips' profit for the third quarter of 2026 was higher than expected, thanks to higher sales and tighter cost controls. According to financial reports, the company's sales were 4.393 billion euros, a nominal increase of 2% and a comparable increase of 3%, slightly lower than market expectations of about 4.41 billion euros; the adjusted diluted earnings per share were 0.40 euros, compared to 0.36 euros in the same period last year. Comparable orders increased 8%, driven by extensive demand in the diagnosis and treatment business; adjusted EBITA was 569 million euros, profit margin 13.0%, an increase of 70 basis points over the previous year, significantly higher than market expectations of 11.9%; operating cash flow was 544 million euros, and free cash flow was 384 million euros, a significant improvement over the previous year.