Healthcare
Medical Devices
$105.76B
95K
Key insights and themes extracted from this filing
Net sales reached $8.403 billion for the three months ended October 25, 2024, a 5% increase compared to $7.984 billion for the same period last year. This growth indicates a positive trend in revenue generation.
Net income attributable to Medtronic was $1.270 billion for the three months ended October 25, 2024, up from $909 million in the same period last year. This represents a substantial improvement in profitability.
Diluted earnings per share increased to $0.99 for the three months ended October 25, 2024, compared to $0.68 for the same period last year. This reflects improved profitability on a per-share basis.