Demand for Medtronic's Medical Devices Lifts Profit and Sales
Medtronic(MDT) Investopedia·2024-08-20 15:46
Key TakeawaysMedtronic beat first-quarter earnings and revenue estimates on strong sales of its medical devices.Sales were higher at the company's cardiovascular, neuroscience, and diabetes divisions.Medtronic raised the low end of its full-year outlook for its organic revenue growth and adjusted EPS. Medtronic (MDT) shares advanced in intraday trading Tuesday as the medical technology firm posted better-than-expected results and raised its guidance on strong demand for its medical devices. The Ireland-base ...