Medtronic plc (MDT) CEO Geoffrey Martha on Q2 2022 Results - Earnings Call Transcript

Nov. 23, 2021 1:05 PM ETMedtronic plc (MDT)
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Medtronic plc (NYSE:MDT) Q2 2022 Earnings Conference Call November 23, 2021 8:00 AM ET

Company Participants

Ryan Weispfenning - Vice President & Head of Investor Relations

Geoffrey Martha - Chairman & Chief Executive Officer

Karen Parkhill - Chief Financial Officer

Sean Salmon - EVP & President of the Cardiovascular and Diabetes Operating Unit

Bob White - EVP & President of Medical Surgical Portfolio

Brett Wall - EVP & President of Neuroscience Portfolio

Conference Call Participants

Robbie Marcus - JPMorgan

Vijay Kumar - Evercore ISI

Larry Biegelsen - Wells Fargo

Matthew Taylor - UBS

Cecilia Furlong - Morgan Stanley

Matthew Miksic - Credit Suisse

Joanne Wuensch - Citigroup

Matthew O'Brien - Piper Sandler

Chris Pasquale - Guggenheim Securities

Frederick Wise - Stifel

Ryan Weispfenning

Good morning, and welcome to Medtronic's Fiscal Year 2022 Second Quarter Earnings Video Webcast. I'm Ryan Weispfenning, Vice President and Head of Medtronic Investor Relations.

Before we start the prepared remarks, I'll share a few details about today's webcast. Joining me are Geoff Martha, Medtronic Chairman and Chief Executive Officer; and Karen Parkhill, Medtronic Chief Financial Officer. Geoff and Karen will provide comments on the results of our second quarter, which ended on October 29, 2021, and our outlook for the remainder of the fiscal year. After our prepared remarks, our portfolio executive VPs will join us and we'll take questions from the sell-side analysts that cover the company. Today's event should last about an hour.

Earlier this morning, we issued a press release containing our financial statements and divisional and geographic revenue summaries. We also posted an earnings presentation that provides additional details on our performance. The presentation can be accessed in our earnings press release or on our website at

During today's webcast, many of the statements we make may be considered forward-looking statements, and actual

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