Philips sales stagnant in 3rd quarter, posts loss after losing patent infringement suit
October 20, 2014 at 02:45 AM EDT
Royal Philips NV, the world's largest lighting maker, has reported a 104 million-euro ($132 million) loss for the third quarter, mostly due to a one-off charge after losing a patent infringement lawsuit against Masimo Corp. of the U.S.