Medtronic Reports Third Quarter Financial Results

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Go back to Medtronic Reports Third Quarter Financial Results

Medtronic (MDT) Reports In-Line Q3 EPS; Sees FY EPS +9-10%

February 20, 2018 6:47 AM EST

Medtronic (NYSE: MDT) reported Q3 EPS of $1.17, in-line with the analyst estimate of $1.17. Revenue for the quarter came in at $7.37 billion versus the consensus estimate of $7.2 billion.

"Our results reflect a solid quarter for Medtronic, and as we expected, a strong turnaround from the first half of our fiscal year," said Omar Ishrak, Medtronic chairman and chief executive officer. "We continue to execute on our broad, sustainable growth strategy, driving therapy innovation and global market penetration, while delivering enterprise synergies to enable margin... More