Koninklijke Philips N.V. ( PHG - Free Report ) reported third-quarter 2023 adjusted earnings of 36 cents per share, outpacing the Zacks Consensus Estimate by 100%. Revenues of $4.87 billion also beat the consensus mark by 0.1%. In domestic currency, sales increased 4% on a year-over-year basis to €4.47 billion. Comparable sales (including adjustments for consolidation charges & currency effects) rose 11% year over year. The upside was primarily attributed to robust performance across its segments. Comparable sales in the Diagnosis & Treatment and Connected Care businesses witnessed double-digit growth year over year.