AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Monday reported net income of $485.5 million in its second quarter.

The Amsterdam-based company said it had net income of 52 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring gains, were 32 cents per share.

The medical imaging equipment maker posted revenue of $4.8 billion in the period.

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