More

    Medtronic (MDT) Q1 2024 Earnings: Key financials and quarterly highlights

    Medtronic plc (NYSE: MDT) reported first quarter 2024 earnings results today.

    Worldwide revenue was $7.7 billion, up 4.5% on a reported basis and 6% on an organic basis, from the same period last year.

    GAAP net income decreased 15% to $791 million while EPS fell 16% to $0.59 from last year. Adjusted EPS rose 6% to $1.20.  

    The company raised its FY2024 organic revenue growth guidance to 4.5% versus the prior range of 4.0-4.5%. It also increased its adjusted EPS guidance to $5.08-5.16 from the prior range of $5.00-5.10.  

    Prior performance

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO SEO