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Philips says Q3 revenue fell, records $1.26B charge for Respironics; shares plunge

cafead

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  • cafead   Oct 13, 2022 at 09:32: AM
via Royal Philips, the Amsterdam-based medical technology company, said revenue declined across its business units in the third quarter amid “more significant than anticipated” supply chain issues. Its shares plunged 12%.

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