Consistent Revenue Growth
Medtronic achieved mid-single-digit revenue growth for the ninth consecutive quarter, with key areas like cardiac ablation solutions growing by 22%.
Strong Performance in Key Segments
Leadless pacing, neuromodulation, and diabetes grew double-digits, while structural heart and U.S. cranial and spinal technologies grew high-single-digits.
EPS Growth and Margin Improvement
The company reported high-single-digit EPS growth ahead of consensus and guidance, with improvements in both gross and operating margins.
Pipeline Advancements
Advancements in innovation with renal denervation and progress in significant markets like diabetes and cardiac ablation solutions.
Successful International Growth
International markets grew 5%, with high-single-digit growth in Japan and emerging markets showing high-single-digit to double-digit growth.