Medtronic EPS beats by $0.44, beats on revenue

  • Medtronic (NYSE:MDT): FQ1 Non-GAAP EPS of $0.62 beats by $0.44; GAAP EPS of $0.36 beats by $0.62.
  • Revenue of $6.51B (-13.1% Y/Y) beats by $1.03B.
  • Adjusted gross margin of 62.1% vs. estimate of 60.5%.
  • Adjusted operating margin 16.5%, consensus 7.2%.
  • Shares +2.61% PM.
  • Press Release

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