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Philips Healthcare soars in Q3

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Philips Healthcare's ($PHG) soaring third-quarter numbers helped generate stellar Q3 numbers for the Dutch conglomerate, Mass Device reports. Imaging systems and sales of home healthcare products jumped in comparable sales by 7%, the company said, and new orders expanded by 6%, year-over-year. The division itself generated $362.9 million in operating income, an increase of more than 34%. Overall sales for healthcare hit $3.19 billion, a 17.6% hike. Release | Story