St. Jude Medical (STJ) Reports In-Line Q2 EPS

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St. Jude Medical Reports Second Quarter 2016 Results

July 20, 2016 7:15 AM EDT

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, today reported sales and net earnings for the second quarter ended July 2, 2016.

Second quarter 2016 highlights:

Net sales of $1.562 billion increased 11 percent as reported, or 2 percent on a comparable constant currency basis. International sales increased 10 percent as reported, or 7 percent on a comparable constant currency basis where a full portfolio of products is available. Neuromodulation sales increased 19 percent as reported, or 20 percent on a constant currency... More