How did Philips' revenue and expenses shift in Q4 2024 compared to previous quarters?

Philips' revenue and expenses in Q4 2024 showed a notable increase in revenue compared to the previous quarter, reflecting a strong financial performance in the period.

1. Revenue Shift:
   • In Q4 2024, Philips reported a total revenue of $5.22 billion.
   • This is a significant increase from the previous quarter, Q3 2024, where the revenue was $4.88 billion.
   • The revenue growth indicates a strong performance in the final quarter of the year, potentially due to increased sales or market expansion.

PHG Total Revenue YoY, Total Revenue

2. Expense Shift:
   • The total expenses for Q4 2024 are not provided, which makes it difficult to analyze the expense side of the financial statement.
   • However, the absence of total expenses in the report suggests that Philips may have had a different reporting structure or presentation in Q4 2024 compared to the previous quarters.
3. Comparison with Other Quarters:
   • Philips' revenue in Q2 2024 was $4.78 billion, and in Q1 2024, it was $4.47 billion.
   • The revenue in Q4 2024 is higher than in Q2 and Q1, indicating a seasonal increase or a strong performance in the fourth quarter.

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PHG Total Revenue YoY, Total Revenue

In conclusion, Philips' revenue in Q4 2024 showed a substantial increase compared to the previous quarter, suggesting a strong financial performance and potentially a positive market response. The absence of expense data prevents a comprehensive analysis of the company's financial health in that quarter, but the revenue figures alone indicate a favorable outlook.