Medtronic reports 6 percent rise in quarterly revenue

New Delhi: Medical device maker Medtronic plc reported a 6 per cent rise in quarterly revenue on Tuesday, helped by higher sales in its cardiac and vascular business.

Net income attributable to the company fell to $1.12 billion, or 82 cents per share, in the second quarter ended Oct. 26, from $2.02 billion, or $1.48 per share, a year earlier.

Revenue rose to $7.48 billion from $7.05 billion.

Medtronic reports about 6 pct rise in quarterly profit