Credit Suisse Upgrades St. Jude Medical (STJ) to Outperform

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St. Jude Medical Reports First Quarter 2015 Results

April 22, 2015 7:15 AM EDT

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ) today reported sales and net earnings for the first quarter ended April 4, 2015.

First quarter 2015 highlights:

Net sales increased by approximately 5 percent on a constant currency basis compared to the prior year quarter CardioMEMS HF System sales were approximately $17 million U.S. ablation catheter revenue doubled compared to the prior year quarter due to a strong launch of the Companys FlexAbilityTM and TactiCathTM Quartz Contact Force ablation catheters

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