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Medtronic reports 6 percent rise in quarterly revenue


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.

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Medtronic reports about 6 pct rise in quarterly profit

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MD Team

MD Team

At Medical Dialogues, we are a team of young professionals strongly advocating of the transparency in the medical sector through the free flow of medical information, health and medical news. MD Team covers a variety of news related to the healthcare, pharma and medical device industry in India. Our team can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751


Source: Reuters
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