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Medtronic (MDT) reports higher revenue and profit for Q1 2025 | AlphaStreet

August 20, 2024
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Medical system maker Medtronic plc (NYSE: MDT) reported a rise in revenues and adjusted revenue for the primary quarter of 2025.

Medtronic (MDT) reports higher revenue and profit for Q1 2025 | AlphaStreet

First-quarter earnings, excluding particular objects, rose 3% year-over-year to $1.23 per share. On an unadjusted foundation, internet revenue climbed to $1.04 billion or $0.80 per share in Q1 from $791 million or $0.59 per share in the identical interval of 2023.

The principle working segments expanded within the July quarter, driving up whole revenues to about $7.9 billion. The administration expects natural income to develop 4.5-5.0% in fiscal 2025.

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