St. Jude Medical (STJ) Misses Q3 EPS by 2c

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St. Jude Medical Reports Third Quarter 2016 Results

October 19, 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 third quarter ended October 1, 2016.

Third quarter 2016 highlights:

Net sales of $1.499 billion increased 12 percent as reported, or 2 percent on a comparable constant currency basis. International sales increased 13 percent as reported or 8 percent on a comparable constant currency basis, where a full portfolio of products is available. Neuromodulation sales increased 17 percent both as reported and on a constant currency... More