Medtronic (MDT) Tops Q2 EPS by 3c, Updates FY Guidance

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Medtronic Reports Second Quarter Financial Results

November 19, 2019 6:45 AM EST

 Revenue of $7.7 Billion Increased 3.0% Reported and 4.1% Organic GAAP Diluted EPS of $1.01; Non-GAAP Diluted EPS of $1.31 Cash Flow from Operations of $1.9 Billion Grew 61%; Free Cash Flow of $1.6 Billion Grew 66% Company Raises FY20 EPS Guidance

DUBLIN, Nov. 19, 2019 (GLOBE NEWSWIRE) --  Medtronic plc (NYSE: MDT) today announced financial results for its second quarter of fiscal year 2020, which ended October 25, 2019.

The company reported second quarter worldwide revenue of $7.706 billion, an increase of 3.0 percent as reported or 4.1 percent on an... More