Seeking Alpha

More on Medtronic (MDT) FQ2: net profit -26% to $871M, hurt by a one-time charge of $245M...

More on Medtronic (MDT) FQ2: net profit -26% to $871M, hurt by a one-time charge of $245M related to litigation in its structural heart ops, and $118M unfavorable impact from forex fluctuations. On a constant currency basis, total revenue +5%, international +8% to $1.81B, emerging market +18% to $464M. FY guidance: EPS of $3.62--3.70 vs consensus of $3.66; revenue to grow 3-4% on constant currency basis. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)